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Suppose that you are the assigning costs to a major project to be undertaken by your firm this year. One particular coding process involves many labor hours, but highly redundant work. The needed information is presented in the table. You have Team A and Team B with different pay rates and learning rates. Select only correct answers. Team A Team B (respectively)
hourly labor rate : $75, $70
learning rate 0.72, 0.75
a = the time required for the initial unit of output, hours 2,000(team A) 2,100 (team B)
X, the Nth unit 41
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