Math Problem Statement

Shrewsbury Technologies, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a private company that wishes to launch its own communications satellite. The company plans to purchase 8 units, although it would also consider buying 16 units. Shrewsbury has started a chart relating labor time required to units produced:

Unit Produced (X)Time Required to Produce the Xth Unit1

22,000 hours

2

15,400 hours

4

10,780 hours

8

?

16

? exact percentage of 16th unit to 1st unit cost

Solution