Weston, Inc., produces widgets. To manufacture a new type of widget, it took 20 iterations before the process reached a steady state of 30 hours. If Weston has a 99% learning rate, use the logarithmic approach to calculate the time it took to manufacture the first widget.
a. 32.76 hours
b. 31.33 hours
c. 31.05 hours
d. 28.72 hours
b. 31.33 hours
You might also like to view...
Financing activities are those transactions dealing with the exchange of cash between the firm and its owners (stockholders) and creditors
a. True b. False Indicate whether the statement is true or false
To overcome employees’ resistance to change, Jaclyn always tries to answer the employee question “what is in it for me?” and demonstrate how employees and the organization will benefit from the change. Jaclyn is trying to ______ to overcome resistance to change.
A. develop a positive trust climate for change B. clearly state why the change is needed C. create a win-win situation D. involve employees
Unlike innovators, early adopters ________
A) compose the smallest of the adopter categories B) have greater concern for social acceptance C) have stronger physiological needs than others in the population D) are light media users E) are more worldly than the rest of the population
John loans George money and they sign a written agreement whereby George will repay John in monthly installments. Is this loan subject to the Truth-in-Lending Act?
a. Yes, if the loan is for more than $1,000. b. Yes, if John and George live in different states. c. No, if John is not in the business of offering credit. d. No, if John and George are related.