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Suad Alwan, the purchasing agent for Dubai Airlines, is interested in determining what he can expect to pay for airplane number 4 if the third plane took 20,000 hours to produce. What would Alwan expect to pay for plane number 5? Number 6? Use an 85% learning curve and a $40-per-hour labor charge.

Respuesta :

Answer:

Alwan expect to pay for airplane 4= $747818.48

Explanation:

given data

expect to pay airplane =  4

3rd plane produce = 20,000 hours

learning curve = 85%

solution

As here logarithmic approach allow get labor for any unit, TN,  as

TN = T1(Nb)

here TN is time for the Nth unit  and T1 is hours to produce the first unit  

so

b  = (log of the learning rate) ÷ (log 2) = slope of the learning curve

so

T3 = T1(3log(0.85)÷log2)

so we get

So Alwan expect to pay for airplane 4 = $747818.48

Ver imagen DeniceSandidge
Ver imagen DeniceSandidge
anthougo

The amounts that Suad Alwan would expect to pay for the following airplanes are as follows:

Airplane # 4 = $680,000

Airplane # 5 = $578,000

Airplane # 6 = $491,320

Data and Calculations:

Number of labor-hours to produce plane # 3 = 20,000 hours

Learning curve = 85%

Labor charger per hour = $40

Number of labor-hours to produce plane # 4 = 17,000 hours (20,000 x 85%)

Number of labor-hours to produce plane # 5 = 14,450 hours (17,000 x 85%)

Number of labor-hours to produce plane # 6 = 12,283 hours (14,450 x 85%)

Labor cost of plane # 4 = $680,000 (17,000 x $40)

Labor cost of plane # 5 = $578,000 (14,450 x $40)

Labor cost of plane # 6 = $491,320 (12,283 x $40)

Learn more: https://brainly.com/question/15392568

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