Big Mike Has to Prepare a Bid for the Swimming

question 12

Essay

Big Mike has to prepare a bid for the swimming pools to be placed in every backyard in a new housing addition. Each swimming pool represents only a slight variation on the other, so there is a good opportunity to leverage learning effects in the bid process. A swimming pool installation can be broken down into four major steps: excavation, concrete, plumbing, and finish work. Mike has found the best contractors and asks each of them how long it will take to complete work on the first pool and what their learning rates are. Amazingly, each contractor is intimately familiar with learning curve theory and knows what his learning rate is for this type of work. This information is summarized in the table.
How long will it take to complete the 25^th pool for the subdivision?
How long will it take to complete all 25 pools for the subdivision?

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Definitions:

Exercise of Leadership

The implementation and practice of guiding and influencing others to achieve a common goal.

Management

The process of planning, organizing, leading, and controlling resources effectively to achieve organizational goals.

Whetten and Cameron

Scholars known for their contributions to the field of organizational behavior and management, including models and theories on leadership and skills development.

Skill Categories

Classifications of skills based on criteria such as complexity, domain, or relevance, guiding how training and development efforts are organized.