Central power owns 25 small power generating plants. it has, Ask an Expert

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Central Power owns 25 small power generating plants. It has contracted with Genco Services to overhaul the power turbines of each of the plants. The number of hours that Genco billed Central to complete the third turbine was 460. Central pays Genco $60 per hour for its services. All the turbines are similar and an 80% learning curve is appropriate.

As the maintenance manager for Central, you are trying to estimate the cost of overhauling the:

Fourth unit
4th Unit Time _____ hours
4th Unit Cost ______ dollars

Fifth unit
5th Unit Time _____ hours
5th Unit Cost ______ dollars

Sixth unit
6th Unit Time _____ hours
6th Unit Cost ______ dollars

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M980171

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