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Unformatted text preview: $200,000 for materials and $300,000 for labor. It has agreed to accept a 10% profit, based on cost, and is willing to contract on the basis of a 70% learning curve. What will be the contract price for three minisubs? 3. A job applicant is being tested for an assembly line position. Management feels that steady-state times are reached after 1,000 performances. Regular assembly line workers are expected to perform the task within 4 minutes. If the job applicant performed the first test operation in 10 minutes and the second in 9 minutes, should this applicant be hired?...
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This note was uploaded on 09/29/2011 for the course MGT 3501 taught by Professor Chang during the Fall '10 term at Georgia Institute of Technology.
- Fall '10