Big Mike Has to Prepare a Bid for the Swimming

question 102

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. $$\begin{array} { | l | l | l | } \hline \text { Function } & \text { First Pool } & \text { Learning Rate } \\\hline \text { Excavation } & 22 \text { hours } & 95 \\\hline \text { Concrete } & 32 \text { hours } & 90 \\\hline \text { Plumbing } & 10 \text { hours } & 85 \\\hline \text { Finishing } & 30 \text { hours } & 85 \\\hline\end{array}$$
How long will it take to complete the 25th pool for the subdivision?
How long will it take to complete all 25 pools for the subdivision?

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Definitions:

Majority

The greater part or number; the number greater than half the total population or group.

Loving Bond

A deep and affectionate connection between individuals, characterized by feelings of love, intimacy, and attachment.

Foster Parents

Individuals or couples who care for children whose biological parents are unable to look after them, providing temporary care while aiming to support family reunification or adoption.

Foster Children

Children who are placed under state care in a temporary living situation due to their inability to live with their biological families, often as a result of abuse, neglect, or abandonment.