Acme, Inc., produces widgets. To manufacture a new type of widget, it took 28 hr for the first widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the fourth widget.

A. 24.71 hr
B. 22.68 hr
C. 25.28 hr
D. 18.76 hr


C. 25.28 hr

Business

You might also like to view...

Which of the following sequences accurately represents the hierarchy-of-effects model of marketing communications?

A) attention-interest-desire-action B) awareness-interest-evaluation-trial-adoption C) awareness-knowledge-liking-preference-conviction-purchase D) exposure-reception-cognitive response-attitude-intention-behavior E) knowledge-persuasion-decision-implementation-confirmation

Business

A supervisor at a manufacturing plant is told to dump chemicals used in the refining process into a local river rather than disposing them properly according to safety regulations. The chief executive officer of the company insists that the chemicals are not harmful to the environment. The supervisor knows that dumping is illegal and that he will lose his job if he reports the issue to authorities at the Environmental Protection Agency. In the context of causes of unethical corporate behavior, this scenario illustrates the supervisor's:?

A) ?obsession with personal advancement. B) ?expectation of not getting caught. C) ?uncertainty about whether an act is wrong. D) ?unwillingness to take a stand for what is right.

Business

The internal rate of return (IRR) technique assumes that cash flows are reinvested at the _____.

A. firm's expected rate of return B. project's internal rate of return (IRR) C. market rate of return D. risk-free rate of return E. firm's opportunity rate of return

Business

Which of the following ERP software is most suitable for Forca, an aircraft manufacturer with more than 20000 employees?

A. SYSPRO B. SAP Business One C. Oracle ERP D. Sage MAS 90 ERP

Business