A Product Was Priced Assuming an 80% Learning Curve

question 51

Essay

A product was priced assuming an 80% learning curve. How much extra labor (in %) will be required on the 4th product if the learning curve is actually 90%?

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Definitions:

Secondary Network

An informal network within an organization or community that facilitates communication and interaction outside of official channels or structures.

Primary Network

The main or most important group of connections or relationships a person or organization relies on.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.

Researching

The systematic investigation into and study of materials, sources, etc., in order to establish facts and reach new conclusions.