Bidding on follow-up government contract

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Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering cost data from the first three units, which Nebula produced under a research and development contract, he found that the first unit took 2,000 labor hours, the second took 1,500 labor hours, and the third took 1,410 hours. Use Exhibit 6.5.

In a contract for three more units, how many labor hours should Simpson plan for? (Round your answer to the nearest whole number.)

Number of labor hours

Reference no: EM132221182

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