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Answer :
Final answer:
The expected time to complete the 5th unit with a learning curve of 90% is approximately 0.006 minutes or 0.36 seconds.
Explanation:
The learning curve is a concept used to measure the improvement in efficiency and productivity as someone gains experience in a task. In this case, Greta's Gadgets has a learning curve of 90%. This means that for each unit produced, the time required to complete it will decrease by 90% of the previous time.
Since the time observed to complete the first gadget was 1 hour (60 minutes), we can use the learning curve to calculate the expected time to complete the 5th unit. Each time the unit is completed, the time will decrease by 90% of the previous time.
Using this information, we can calculate the expected time to complete the 5th unit:
- First unit: 60 minutes
- Second unit: 60 minutes - (60 minutes * 0.9) = 6 minutes
- Third unit: 6 minutes - (6 minutes * 0.9) = 0.6 minutes
- Fourth unit: 0.6 minutes - (0.6 minutes * 0.9) = 0.06 minutes
- Fifth unit: 0.06 minutes - (0.06 minutes * 0.9) = 0.006 minutes
Therefore,
The expected time to complete the 5th unit is approximately 0.006 minutes, which is equivalent to 0.36 seconds.
Learn more about the learning curve here:
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