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Joe's Manufacturing Is Considering Bidding on a Small Order for 5

Question 48

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Joe's Manufacturing is considering bidding on a small order for 5 units. Based on similar products that they have made in the past, they believe that the first unit will take 500 labor hours. They also believe that there will be an 80% learning rate. How many hours of labor should Joe include for his bid?

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From Table E.3, the total time...

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