Purchase Solution

Learning Curves Rate in Labor

Not what you're looking for?

Ask Custom Question

If unit 1 requires 200 hours to produce and the labor records for an Air Force contract of 50 units indicates an average labor content of 63.1 hours per unit (see attached file).

a) What was the learning rate?
b) What total additional number of labor-hours would be required for a follow on Air Force contract of 50 units?
c) What would be the average labor content of this second contract?
d) Of both contracts combined? If labor costs the vendor $10/hour on this second contract and the price to the Air Force is fixed at $550 each.
e) What can you say about the profitability of the first and second contract, and hence the bidding process in general?

Purchase this Solution

Solution Summary

The solution calculates learning rate, labor hours and labor costs (see Excel attachment for full details).

Purchase this Solution


Free BrainMass Quizzes
Operations Management

This quiz tests a student's knowledge about Operations Management

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.