Acme, Inc., produces widgets. To manufacture a new type of widget, it took 54 hr for the first widget. Acme estimates it has a 91% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 141th widget.
A. 29.35 hr
B. 27.54 hr
C. 31.27 hr
D. 29.94 hr
B. 27.54 hr
You might also like to view...
According to the text, the range measures the spread of the data
Indicate whether the statement is true or false
________ is a determination of whether the cause-and-effect relationships found in the experiment can be generalized
Can the results be generalized beyond the experimental situation and if so, to what populations, settings, times, independent variables and dependent variables can the results be projected? A) External validity B) Extraneous validity C) Internal validity D) None of the above
Which statement expresses the American Marketing Association (AMA)'s core definition of marketing?
A. Marketing is a philosophy, an attitude, a perspective, or a management orientation that stresses customer satisfaction. B. Marketing is an organization function and a set of processes implemented in order to ensure customer satisfaction. C. Marketing refers to personal selling that focuses solely on selling goods, services, and/or ideas to customers. D. Marketing involves building long-term, mutually rewarding relationships that are beneficial exclusively to the sellers.
Variable costing is
A) a good way to value inventories for the balance sheet. B) used for external reporting purposes. C) not useful for companies with multiple segments. D) a useful tool for management decision making. E) can only be used by start-up companies.