Business > EXAM > CLC 001- FINAL EXAM-with 100% verified answers-2022 (All)

CLC 001- FINAL EXAM-with 100% verified answers-2022

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1. An 80% learning curve has been observed for the production of the MEERKAT system. If the 5th production unit's recurring cost is $2 million, what will be the recurring cost for the 10th production... unit? Assume that the production line is continuous and that the learning curve does not change. [Given the appropriate data, estimate the learning curve for a production process and the number of labor hours required for a future production unit.] [Remediation Accessed :N] $1600,000 $800,000 $1000,000 $1280,000 2) The document that lays out the specifications and assumptions to be used in preparing all estimates of a program's cost is known as the: [Identify when and why each of the following documents is required for ACAT I and ACAT IA acquisition programs: Life-Cycle Cost Estimate, Economic Analysis, Component Cost Analysis, Independent Cost Estimate, and Cost Analysis Requirements Description.] Cost Analysis Requirements Description (CARD) Economic Analysis (EA) Life Cycle Cost Estimate Independent Cost Estimate 1) The following information pertains to the estimated number of labor hours required to produce certain units of the WARTHOG system. What is the learning curve percentage assumed by this data and how many labor hours will be required to produce the 160th unit? Unit Number Hours CONTINUED...... [Show More]

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