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In: Statistics and Probability

You are about to undertake the manufacture of a labor-intensive electronics component. The first unit took...

You are about to undertake the manufacture of a labor-intensive electronics component. The first unit took 300 hours. You are not sure whether the learning curve is 70% or 80%. The initial phase of the contract calls for 6 of these components.
a. How much time will it take to complete all six at 70% learning?
b. How much time will it take to complete all six at 80% learning?

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