A product was priced assuming an 80% learning rate. How much extra labor (in $) will be required on the 4ᵗʰ product if the learning rate is actually 90%?
Assume that labor costs $10/hour and the first unit cost $100 to produce.

Question

A product was priced assuming an 80% learning rate. How much extra labor (in $) will be required on the 4ᵗʰ product if the learning rate is actually 90%?
 Assume that labor costs $10/hour and the first unit cost $100 to produce.

Quizplus · Accepted Answer

The Answer of A product was priced assuming an 80% learning rate. How much extra labor (in $) will be required on the 4ᵗʰ product if the learning rate is actually 90%?
 Assume that labor costs $10/hour and the first unit cost $100 to produce.

A Product Was Priced Assuming an 80% Learning Rate