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Operations Managment Learning Curve

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A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 35 hours. The contractor estimates an 85 percent learning rate.

a. How long do you estimate the time required to install the second pool?

b. How long do you estimate the time required to install the fourth pool?

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Solution Summary

This solution contains step-by-step calculation to determine the estimate time required for the installation of the second and fourth pool.

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Time to build the first pool = 35 Hours

Learning Rate = 85%

So time to build second pool ...

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  • BE, Bangalore University, India
  • MS, University of Wisconsin-Madison
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