Problem: You have just completed a pilot run of 10 units of a major product and found the processing time for each unit was as follows:
UNIT NUMBER TIME (HOURS )
1 970
2 640
3 420
4 380
5 320
6 250
7 220
8 207
9 190
10 190
1) According to the pilot run, what would you estimate the learning rate to be?
2) Based on a , how much time would it take for the next 190 units, assuming no loss of learning?
3) How much time would it take to make the 1,000th unit?