Unformatted text preview: For parts, the following learning was experienced: Unit 1 to 2 = 37050/39000 = 95%, b = 0.95, n = ln(b)/ln(2) = 0.074 and K = 39000. Parts cost for the third unit: Y(3) = 39000(3)0.074 = 35955 Parts cost for the fourth unit: Y(4) = 39000(4)0.074 = 35198 Total parts cost = 39000 + 37050 + 35955 + 35198 = $147203 3. a. Units 1 to 2 = 640/970 = 65.98% Units 2 to 4 = 380/640 = 59.37% Units 4 to 8 = 207/380 = 54.47% Average learning rate = 59.94% Round this to 60%. b. b = 0.6, so n = ln(b)/ln(2) = 0.737. K = 970, so Y(x) = 970 x0.737 and Y(1000) = 5.96 hours...
View
Full
Document
This note was uploaded on 09/29/2011 for the course MGT 3501 taught by Professor Chang during the Fall '10 term at Georgia Tech.
 Fall '10
 CHANG
 Management

Click to edit the document details