A Contractor Builds Large Ships for the Department of Defense

question 1

Essay

A contractor builds large ships for the Department of Defense. A recent contract called for 12 amphibious landing platforms. It was originally estimated that the first of these would cost $1 billion and that 80 percent learning would be appropriate. In fact, the first ship cost $1.6 billion and the second $1.12 billion. What is the revised learning curve? What will be the total cost of the 12 ships? Is it higher or lower than the original estimate? If the defense department cuts the contract from 12 ships to 9, what happens to the average cost per ship?

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Definitions:

Projective Personality

An approach to personality assessment that interprets people's responses to ambiguous stimuli to uncover underlying thoughts, feelings, and traits.

Objective Personality

Refers to the assessment and measurement of personality traits and characteristics through standardized tests and criteria, rather than subjective judgment or opinions.

House-Tree-Person

A projective psychological test that assesses aspects of a person's personality through their drawings of a house, a tree, and a person.

Projective Personality

A type of personality assessment that involves interpreting ambiguous stimuli, such as inkblots or pictures, to reveal unconscious desires, feelings, and struggles.