1. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit. (Round intermediate calculations to 4 decimal places)

Possible answers:

1. $ 7,615
2. $ 8,593
3. $ 6,821
4. $ 5,594

2. Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)

Possible answers:

1. Y = (800)(X) ^-0.4941
2. Y = (800)(X) ^-0.1047
3. Y = (800)(X) ^0.6931
4. Y = (800)(X) ^0.9300