Acme, Inc., produces widgets. To manufacture a new type of widget, it took 25 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 100th widget.
a. 28.96 hours
b. 20.28 hours
c. 21.88 hours
d. 31.61 hours
c. 21.88 hours
You might also like to view...
Which of the following is not a cash outflow from an operating activity?
a. a withdrawal by the owners; b. a payment for the acquisition of inventory; c. a tax payment to the government; d. a payment for interest on a loan; e. the payment of wages.
In a short essay, define power, urgency and legitimacy with respect to stakeholder theory.
What will be an ideal response?
The moral support network is different from the professional support network in that:
A. a moral support network comprises only of personal contacts. B. a professional support network includes finding a mentor. C. moral support is less important than professional support. D. only the "cheering squad" provides moral support.
According to economists, natural resources, labor, capital, and entrepreneurship are called
A. free resources. B. competitive resources. C. factory resources. D. factors of manufacturing. E. factors of production.