Question

A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 33 hours. The contractor estimates an 80 percent learning rate. Using POM for Windows or OM​ Explorer, how long do you estimate the time required to install the fifth pool?

Answer 1

Answer:

26.4 hour

21.12 hours

Explanation:

To properly answer this question, we will multiply the estimated time to build the first pool in 33 hours by the percentage of of the contractors estimate.

Thus, we have,

33 x 0.80 = 26.4. This is assumed to be the estimated time to build the second pool.

Now, moving forward to calculate the estimated time to install the fifth pool, we multiply the estimated time for the second pool by percentage of the contractors estimate.

That is:

26.4 X 0.80 = 21.12

Hence, 21.12 is the assumed estimated time required to install the fifth pool.