Learning curve, cumulative average-time learning model Global Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data...

1 answer below »
Learning curve, cumulative average-time learning model Global Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow:



Required:

Calculate the total variable costs of producing 2, 4, and 8units.

Answered Same DayDec 22, 2021

Answer To: Learning curve, cumulative average-time learning model Global Defense manufactures radar systems. It...

David answered on Dec 22 2021
127 Votes
SOLUTION:
The direct manufacturing labor-hours (DMLH) required to produce the first 2, 4, and 8 units
given the assumption of a cumulative average-time learning curve of 85%, is as follows:

Alternatively, to compute the values in column (2) we could use the formula
y = aX
b
where a = 6,000, X = 2, 4, or 8, and b = – 0.234465, which gives
when X =...
SOLUTION.PDF
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?