A defense contractor has just started producing turbines for a new government contract. The first turbine took 7000 hours to produce

If the learning curve is 90%, how long will it take to produce the 10th turbine? (Use at least three decimals in the exponent if you use the formula approach.)
A) less than 4800 hours
B) from 4800 to 4900 hours
C) from 4900 to 5000 hours
D) from 5000 to 5100 hours
E) over 5100 hours


C

Business

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Fill in the blank(s) with the appropriate word(s).

Business

________ pricing takes into account a host of inputs, such as the buyer's image of the product performance, the channel deliverables, the warranty quality, customer support, and attributes such as the supplier's reputation, trustworthiness, and

esteem. A) Perceived-value B) Value C) Going-rate D) Auction-type E) Markup

Business

________ is absolute error as a percentage of demand

A) Cumulative error B) MAD C) MAPD D) Average error

Business

A defining characteristic of the subscription-based business model is that the

A. user pays for only the services he or she consumes. B. basic features of a product or service are provided free of charge, but the user must pay for premium services such as advanced features or add-ons. C. user pays for access to a product or service whether he or she uses it during the payment term or not. D. initial product is often sold at a loss or given away for free in order to drive demand for complementary goods.

Business