Find what will be the expected unit time for the sixteenth

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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.

Reference no: EM132717829

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