Acme, Inc., produces widgets. To manufacture a new type of widget, it took 64 hr for the first widget. Acme estimates it has an 87% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 62th widget.
A. 19.35 hr
B. 27.90 hr
C. 22.55 hr
D. 18.94 hr
B. 27.90 hr
Business
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When an organization sets a number of prices for selected groups of merchandise, this is commonly referred to as
A. prestige pricing. B. price lining. C. customary pricing. D. odd-even pricing. E. ethical pricing.
Business
Effective use of self-leadership can lead to an increase in:
a. positive perceptions of self-efficacy b. personal ineffectiveness c. unmotivated behavior d. self-leadership
Business
What is sometimes referred to as the fourth "R" of sustainability?
A) reclaim B) recover C) renew D) improved reputation E) reproduce
Business
A sole proprietor does not own the entire business
Indicate whether the statement is true or false
Business