A small manufacturer that offers "hand crafted" furniture has developed a new style of desk that they believe will be very successful in the marketplace. It is expected that the third desk will take about 82 hours of craftsmen's time to complete. They expect a 92% learning curve for this desk.
a) How long did it take to make the first desk?
b) How long will it take to make the 16th desk?
c) The firm is considering accepting an order for 16 desks. How many hours of labour will this require for all 16?

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The Answer of A small manufacturer that offers "hand crafted" furniture has developed a new style of desk that they believe will be very successful in the marketplace. It is expected that the third desk will take about 82 hours of craftsmen's time to complete. They expect a 92% learning curve for this desk.
a) How long did it take to make the first desk?
b) How long will it take to make the 16th desk?
c) The firm is considering accepting an order for 16 desks. How many hours of labour will this require for all 16?

A Small Manufacturer That Offers "Hand Crafted" Furniture Has Developed