As an operation manager for New Generation Laser Inc., you have just completed a pilot run of 10 new lasers, where each unit processing time was as follows:
Unit Number Time (Hours)
1 985
2 690
3 481
4 332
5 241
6 170
7 114
8 80
9 52
10 43
1. Based on the pilot run, estimate the learning curve.
2. Based on the learning curve from (1), calculate the total time requires to produce the first 400 units, and the average time of the first 200 units.
3. How much time would it take to make the 1,000th unit?