Acme, Inc., produces widgets. To manufacture a new type of widget, it took 50 hours for the first widget. Acme estimates it has a 97% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 56th widget.

a. 31.05 hours
b. 41.90 hours
c. 18.96 hours
d. 42.87 hours


b. 41.90 hours

Business

You might also like to view...

In a short essay, discuss t-test, the t statistic, and the t distribution

What will be an ideal response?

Business

_____________ is the process of understanding the reasons a course of action that may have an ethical impact took place.

a. Analytical ethics b. Descriptive ethics c. Normative ethics d. Constructive ethics

Business

Which of the following is NOT an implication of globalization of business?

a. Globalization means a business can sell in a foreign country. b. Globalization means a business can manufacture products in a foreign land. c. Globalization means a business can buy materials from overseas suppliers. d. Globalization means a business can avoid payment of tariffs on goods and services.

Business

When explaining the reasons for leaving a former position, use positive or ________ language

Fill in the blank(s) with correct word

Business