Weston, Inc., produces widgets. To manufacture a new type of widget, it took 20 iterations before the process reached a steady state of 30 hr. 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 hr
B. 31.33 hr
C. 31.05 hr
D. 28.72 hr
B. 31.33 hr
Business
You might also like to view...
Normal costing is the sum of actual direct materials, actual direct labor, and actual overhead
Indicate whether the statement is true or false
Business
A company should not deviate from the traditional approaches to price determination
Indicate whether the statement is true or false
Business
The life cycle of a plant asset includes: acquisition, usage, and disposal.
Indicate whether the statement is true or false.
Business
In most cases, you have unlimited access to a passbook savings account
Indicate whether the statement is true or false.
Business