Posted: September 18th, 2015

Economics

A production line will be used to manufacture an item. The line will be operated with using the same personnel during single shift operations. During the initial line certification, the first item was produced using 100 labor hours. If one assumes a 90% learning every time the cumulative production quantity doubles, what is the estimated labors needed to complete the 64th unit?

Note: If you cannot do it in 3 hours than do not do it and the answer must be right.

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