Suad Alwan, the purchasing agent for Dubai Airlines has found that the fourth plane it needed from a Brazilian manufacturer took that firm 20,000 hours to produce. Using an 75% learning curve and a $20-per-hour labor charge, Suad wishes to calculate what twelve additional planes should cost.
Time Required for the twelfth unit= ___ hours?
Cost for the 12th unit $___?
Time required for the 13th unit __hours?
Cost for the 13th Unit?
Time required for the 14th unit?
Cost for the 14th unit $?
The combined time for four planes?
The combined cost for four planes?