Your boss formed a new company for making pre-stressed concretestructures for bridge segments. She...

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Accounting

Your boss formed a new company for making pre-stressed concretestructures for bridge segments. She expects to have an 85% learningcurve, and the first 100 structures took 220 labor hours. Constructa table showing the estimated labor hours by 100 units constructedneeded to construct the first 1,000 pre-stressed concretestructures. Include columns for cumulative total and cumulativeaverage in your table.?

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4.1 Ratings (827 Votes)

85% Learning Curve:

This means Cumulative Average Production time per unit will be reduced by (100-85) =15% as the cumulative production quantity doubles

C=B/A

Cumulative

Production

Average

Cumulative Quantity

Time(labor hour)

Time per unit

100

220

2.2

200

374

1.87

(0.85*2.2)

400

635.8

1.5895

(0.85*1.87)

800

1080.86

1.351075

(0.85*1.6895)

Production Time For Cumulative quantity of 800

1080.86

Time Required for additional 200 quantity

270.215

(200*1.351075)

C=A+B

Time Required for 1000 quantity

1351.075

(It is assumed there is no change in average time per unit for production of additional 200 units beyond 800 cumulative quantity

Because the range is much lower than cumulative quantity of(800*2)=1600

Labor hours required for 1000 quantity

1351

Average labor hour per unit

1.351

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Transcribed Image Text

In: AccountingYour boss formed a new company for making pre-stressed concretestructures for bridge segments. She expects...Your boss formed a new company for making pre-stressed concretestructures for bridge segments. She expects to have an 85% learningcurve, and the first 100 structures took 220 labor hours. Constructa table showing the estimated labor hours by 100 units constructedneeded to construct the first 1,000 pre-stressed concretestructures. Include columns for cumulative total and cumulativeaverage in your table.?