a. A company has been producing a product for about a week, and wants to establish the learning curve for the product. They built 8 more units in the following times.
Unit # Time to build (hours)
1 10
2 8
4 6.4
8 5.12
Is there a learning curve exhibited? ____________
If so, what is the learning curve percent? ________%
What will be the projected time to build the 16th unit? _______ hours.