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Problem 1: Condor Airplane Company has built a new model jet aircraft which it intends to sell to high net worth clients. This aircraft required 26,000 hours to complete. Condor believes an incremental unit-time learning model with an 82% learning curve best reflects the company's aircraft production efficiency. Condor just received a contract to make fifteen identical aircraft. What will be the expected unit time for the sixteenth
Multiple Choice
Option 1: 14,335.57.
Option 2: 11,755.17.
Option 3: 21,320.00.
Option 4: 17,482.40.
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