I JUST NEED HELP WITH PART 3. Learning Curve Bordner Company manufactures HVAC (

Question

I JUST NEED HELP WITH PART 3.

Learning Curve

Bordner Company manufactures HVAC (heating, ventilation, and air conditioning) systems for commercial buildings. For each new design, Bordner faces a 90 percent learning rate. On average, the first unit of a new design takes 600 hours. Direct labor is paid $25 per hour.

Required:

1. Complete the table below showing results by row for total production of: one unit, two units, four units, eight units, and sixteen units. (Round hour answers to two significant digits.)

2. What is the total labor cost if Bordner makes the following number of units: one, four, sixteen? (Round your answers to the nearest dollar.)

What is the average cost per system for the following number of systems: one, four, or sixteen? (Round your answers to the nearest dollar.)

3. Using the logarithmic function, complete the table below showing results by row for each of units one through eight. (Round intermediate value for "Cumulative Average Time per Unit in Hours" is rounded to three decimal places. Round answers to two significant digits.)

Cumulative Number
of Units Cumulative Average
Time per Unit in Hours Cumulative Total Time:
Labor Hours 1 2 4 8 16

Explanation / Answer

1)

2)

Cumulative number of units Cumulative Average time per unit in hours cumulative total time: labour hours Calculation Number of hours 1 600 600 2 600 x 90% 540 1080 4 540 x 90% 486 1944 8 486 x 90% 437.4 3499.2 16 437.4 x 90% 393.66 6298.56

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