Estimate the cost of producing the next 1000 computers

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Reference no: EM131380364

(Requires calculus). Suppose the fi rst computer of a new model produced by Lenovo costs $800 to produce.

Suppose previous models follow an 85 percent learning curve and it has produced 4,000 computers. Estimate the cost of producing the next 1,000 computers.

Reference no: EM131380364

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