Acme, Inc., produces widgets. To manufacture a new type of widget, it took 62 hours for the first widget. Acme estimates it has a 98% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 56th widget.

a. 55.18 hours
b. 59.30 hours
c. 64.55 hours
d. 49.94 hours


a. 55.18 hours

Business

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