Its analysis presented that a learning rate

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Western Turbine, Inc., has just finished the production of the 10th unit of a new high- efficiency turbine/generator. Its analysis presented that a learning rate of 85 percent existed over the production of the 10 units. If the 10th unit contained labour costs of $2.5 million, what price must Western Turbine charge for labour on the units 11 and 12 to make a profit of 10 percent of the selling price?

Reference no: EM1373545

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