Assume that as part of their recent merger, Microsoft and MTT are perfecting a new...
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Accounting
Assume that as part of their recent merger, Microsoft and MTT are perfecting a new device that will access and coordinate the internet of things. The new company is interested in estimating the impact of learning on the cost of producing this new device and plan to use data from previous products to estimate the learning parameter. What are the advantages of doing this? What are the disadvantages?
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