You need to develop a labor time estimate for a customer order of 50 network installations. It is estimated that the first installation will require 75 labor hours and a learning curve of 85 percent is expected. a. How many labor hours are required for the 25th installation? b. How many labor hours are required to complete all 50 installations? c. If the average labor cost is $28 per hour, what is the total labor cost for installing all the networks? d. How many workers are needed to complete the job in a week? Assuming each worker works 8 hours per day 5 days per week.
You need to develop a labor time estimate for a customer order of 50 network installations. It is estimated that the first installation will require 75 labor hours and a learning curve of 85 percent is expected. a. How many labor hours are required for the 25th installation? b. How many labor hours are required to complete all 50 installations? c. If the average labor cost is $28 per hour, what is the total labor cost for installing all the networks? d. How many workers are needed to complete the job in a week? Assuming each worker works 8 hours per day 5 days per week.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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You need to develop a labor time estimate for a customer order of 50 network installations. It
is estimated that the first installation will require 75 labor hours and a learning curve of 85
percent is expected.
is estimated that the first installation will require 75 labor hours and a learning curve of 85
percent is expected.
a. How many labor hours are required for the 25th installation?
b. How many labor hours are required to complete all 50 installations?
c. If the average labor cost is $28 per hour, what is the total labor cost for installing all the
networks?
d. How many workers are needed to complete the job in a week? Assuming each worker
works 8 hours per day 5 days per week.
d. How many workers are needed to complete the job in a week? Assuming each worker
works 8 hours per day 5 days per week.
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