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You have been asked by your manager to estimate the labor cost of producing 5 sample units for a new customer. Labor costs are $25/
You have been asked by your manager to estimate the labor cost of producing 5 sample units for a new customer. Labor costs are $25/ hour. The first production sample took 6.5 hours to produce. You expect to have a 75% learning rate. What is your estimate for the total labor cost of producing 5 units. Use the improvement factor table provided below Improvement Factor Table \begin{tabular}{l} 562 \\ 813 \\ \hline 607 \\ \hline 519 \end{tabular}
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