Therefore: -In (percent learning)in 2 For an 80 percent learning curve: q = 0.2231/06931 = 0.3219 So, when X 3, p 100, and q 0.3219, Y 100 x 3-0.3219- first two units to produce (210.6 160). abor hours (rounded to the nearest tenth). Thus, it takes 100 hours to produce the first unit, an average of hours to produce the total hours) and an average of hours per unit to produce the first three units (a total of hours for producing three units). The third unit, therefore, took Applying the Concepts Medcom Company installs computerized patient record systems in hospitals and medical centers. Medcom has noticed that each general type of system is subject to an 80 percent leaming curve. The installation takes a team of professionals to setup and completely test the system. 1. Assume that the first installation takes 800 hours, and the team of professionals is paid an average of $50 per hour.Complete the following table for Medcom Company (round answers to one decimal place): Cumulative Number Cumulative Average Time per System (in Hours) Cumulative Total of Systems Labor Hours 16 32 2. Using the data table above, calculate the total labor cost of Medcom installing four systems: Tdal Labor cost (round to the nearest-): 3. Using the data table above, calculate the following for Medcom to produce a third system: Cumulative average time to produce the third system (round to the nearest tenth:hours b. Total time required to produce three systems (round to the nearest tenth): CTime to produce the third system (round to the nearest tenth) hours hours Therefore: -In (percent learning)in 2 For an 80 percent learning curve: q = 0.2231/06931 = 0.3219 So, when X 3, p 100, and q 0.3219, Y 100 x 3-0.3219- first two units to produce (210.6 160). abor hours (rounded to the nearest tenth). Thus, it takes 100 hours to produce the first unit, an average of hours to produce the total hours) and an average of hours per unit to produce the first three units (a total of hours for producing three units). The third unit, therefore, took Applying the Concepts Medcom Company installs computerized patient record systems in hospitals and medical centers. Medcom has noticed that each general type of system is subject to an 80 percent leaming curve. The installation takes a team of professionals to setup and completely test the system. 1. Assume that the first installation takes 800 hours, and the team of professionals is paid an average of $50 per hour.Complete the following table for Medcom Company (round answers to one decimal place): Cumulative Number Cumulative Average Time per System (in Hours) Cumulative Total of Systems Labor Hours 16 32 2. Using the data table above, calculate the total labor cost of Medcom installing four systems: Tdal Labor cost (round to the nearest-): 3. Using the data table above, calculate the following for Medcom to produce a third system: Cumulative average time to produce the third system (round to the nearest tenth:hours b. Total time required to produce three systems (round to the nearest tenth): CTime to produce the third system (round to the nearest tenth) hours hours
