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Q. Cambridge Instruments is an aircraft instrumentation manufacturer. It has received a contract from the U.S. Department of Defence to produce 30 radar units for a military fighter plane. The first unit took 85 hrs to produce. Depend on past experience with manufacturing similar units, Cambridge estimates that the learning rate is 93 percent. Elucidate how long will it take to produce the 5th unit?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9311398

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