Consider a process restringing tennis rackets. The process starts with a unit cost of $10 for the first unit—that is, c(1) = 10—and a learning rate of LR = 0.9. What will be the unit cost for the 35th unit?

The correct answer is $5.83.

Explanation:

According to the scenario, the given data are as follows:

Cost for 1st unit (C1) = $10

Learning rate (LR) = 0.9

So, we can find the unit cost for 35th unit by using logarithmic approach as follows:

=

Where, = C is for cost and N is for number of unit

= Cost of 1st unit

= N is for number of unit and b is for slope of learning curve.

So, b = (Log of the learning rate) / (Log 2)

So, by putting the value, we get

= $10 ×

= $10 × 0.583

= $5.83

Hence, the unit cost for the 35th unit will be $5.83.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

2b2t

explanation:

2b2t