1) If a company took 100 hours to assemble their first unit and 90 hours to assemble the second unit, we might expect it to take:
72.25 hours to assemble the third unit.
81 hours to assemble the fourth unit.
72.25 hours to assemble the fourth unit.
70 hours to assemble the third unit.
2) Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)
[Image Description: Table listing Unit Number (X) and Unit Cost ($Y). Unit 1 = $900, Unit 2 = $780, Unit 3 =$717.37, Unit 4=$676.00]
Y = (900)(X) 0.6931
Y = (900)(X) -0.2065
Y = (900)(X) -0.1521
Y = (900)(X) 0.9000
3) It cost a contractor $12,750 to manufacture their first unit. The company expects to experience a 90% unit learning curve. Estimate the cost of the 13th unit. (Round intermediate calculations to 4 decimal places)
$15,661
$10,380
$8,634
$11,985
4) In the following unit learning curve equation:
Y=34(X)-0.134425
The slope equals 91.1%
The slope equals 88%
Y is the cost of the first unit
Y represents the cost of the 34th unit
5) It took a contractor 580 hours to manufacture their first unit of an item. If the contractor expects to achieve an 87% unit learning curve, how many hours would be required to manufacture units 17-50?
9,850
8,559
54,038
52,049