Top Posters
Since Sunday
G
4
K
3
m
2
c
2
r
2
p
2
s
2
s
2
b
2
c
2
R
2
c
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
jerico jerico
wrote...
Go to Answer
Posts: 4603
Rep: 8 0
9 years ago
Each time Mayberry Nursery hires a new employee, it must wait for some period of time before the employee can meet production standards. Management is unsure of the learning curve in its operations but it knows the first job by a new employee averages 40 hours and the second job averages 32 hours. Assume all jobs to be equal in size.

Required:
a.   What is the learning-curve percentage, assuming the cumulative average-time method?
b.   What is the time for a new employee to build 16 units with this learning curve using the cumulative average-time method? You may use an index of −0.1520.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 343 times
3 Replies
Replies
Answer verified by a subject expert
cyborgcyborg
wrote...
#1
Top Poster
Posts: 4566
Rep: 218 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 120 words.
1

Related Topics

jerico Author
wrote...
#2
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
wrote...
#3
9 years ago
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  879 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 812
  
 683
  
 663
Your Opinion
Do you believe in global warming?
Votes: 423
Previous poll results: What's your favorite math subject?