How long will all four boats require

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It took an international shipyard 135000 labor hours to produce the first of several tugboats that you expect to purshase for your shipping company, Great Lakes, Inc. Boats 2 and 3 have been produced by the international shipyard with a learning factor of 80%. At 40$ per hour, what should you, as purshasing agent, expect to pay for the fourth unit ? how long will all four boats require ?

Reference no: EM131481319

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