A construction firm wants to estimate the direct labor of a worker who will perform multiple iterations of tasks. The worker must do a total of 20 of these activities to reach steady state. The time estimated to perform the 20th iteration is 2 hr, and the learning rate for this repetitive activity is 70%. The cost of labor is $40/hr. Estimate the time necessary to complete the first activity.

A. 9.34 hr
B. 8.43 hr
C. 5.34 hr
D. 10.31 hr


A. 9.34 hr

Business

You might also like to view...

RGD Corporation was a C corporation from its inception in 2015 through 2018. However, it elected S corporation status effective January 1, 2019. RGD had $50,000 of earnings and profits at the end of 2018. RGD reported the following information for its 2019 tax year.DescriptionAmountConsulting revenue$130,000 Salary to owners (50,000)Employee wages (40,000)Depreciation expense (8,000)Interest income 50,000 Dividend income 40,000 Overall net income$122,000  What amount of excess net passive income tax is RGD liable for in 2019? (Round your answer for excess net passive income to the nearest thousand.)

What will be an ideal response?

Business

ME2 Corporation develops a listing of the social activities of the firm. They, then outline the resources utilized on each social program. A statement of each program's objectives and an outline of how the programs developed and why they developed are particularly useful for this corporation when coupled with a description of the accomplishments of the programs. This is best identified as an example of the ________ approach to social auditing.

A) process B) social indicators C) strategic D) program management E) inventory

Business

Which statement is true of market segmentation?

A. It helps marketers design marketing mixes that match the characteristics of one or more segments. B. It allows marketers to use an undifferentiated targeting strategy. C. It allows marketers to adopt a single marketing mix across all market segments. D. It helps marketers focus on satisfying customer needs.

Business

The European Community was established by the:

a) Single European act of 1987 b) Maastricht Treaty of 1994 c) Maastricht Treaty signed in 1992 d) treaty of Rome signed in 1957

Business