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Other Fields Homework Help Management Topic started by: Bermet on Jan 30, 2018



Title: Locksmith Inc has an order from a bank for 50 specially designed safes, one for each branch. It is ...
Post by: Bermet on Jan 30, 2018
Locksmith Inc has an order from a bank for 50 specially designed safes, one for each branch. It is estimated that the first safe will require 75 hours of shop time and a 90 percent learning curve is expected. The labor rate is 15.00 per hour and the pricing policy of the company is to triple the labor cost of the order.
 a. How many labor-hours should the 50th unit require?
  b. How many labor-hours will the whole order require?
  c. What is the customer's price for each safe?


Title: Locksmith Inc has an order from a bank for 50 specially designed safes, one for each branch. It is ...
Post by: unique101 on Jan 30, 2018
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