How many hours should you quote for the first five units

Assignment Help Microeconomics
Reference no: EM132208422

Question: You won a contract for 25 F-35 aircraft assemblies based on an estimate of 25,000 hours on assembly unit 1 and a learning curve of 85%.

2. What should unit 2 cost in hours? What should unit 25 cost in hours?

3. What is the estimated average hours for the 25 units?

4. What is the total cost for the 25 units in hours?

5. If unit one turns out to be 25,000 hours as expected, but unit 4 is 22090, and unit 10 is 20355 hours, what learning curve are you really on and is that good or bad?

6. You are bidding a project for the JSF and your team has estimated that at unit 50 you should be able to make a particular part for 55 hours. Your projects almost always fall on a 90% learning curve. How many hours should you quote for the first 5 units?

Reference no: EM132208422

Questions Cloud

What role do hormones play in hunger and satiety : Identify and describe the six major processes involved in gastrointestinal activity. What role do hormones play in hunger and satiety
Identify the cultural movements of the contemporary age : You will write a paper on the theme of how cultural movements in the contemporary age have impacted the development of Western culture.
Dynamically allocate student objects and store the objects : Dynamically allocate student objects and store the objects in the array humanList (an array of human pointers).
Program to show inflation rates for two successive years : Write a program in C++ that outputs inflation rates for two successive years and whether the inflation s increasing or decreasing.
How many hours should you quote for the first five units : You are bidding a project for the JSF and your team has estimated that at unit 50 you should be able to make a particular part for 55 hours.
Design an algorithm that will prompt for filename : A file of student records contains name, gender (M or F), age (in years), and marital status(S or M) for each student.
Would share a heavier tax burden : Suppose the government imposes a per-unit tax on the cigarette sellers. Who, buyers or sellers, would share a heavier tax burden? Explain your answers without.
What is the cost inflicted on the neighbour : People live right beside the OSP factories constantly complain about the horrible noise generated in the process of training parrots to sing La Traviata.
Write a program in c that builds a contiguous list of 1 : Write a program in C that: a. Builds a contiguous list of 100 cells. b. Populates the cells with random numbers between 0 and 1000.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd