Tim usually exhibits an 80% learning rate for the mechanical tasks he undertakes. His next big project, the fence along the street, will require 35 iterations of the fencepost task

If he has 80 hours available to work on the project, how fast must he perform the first iteration in order to finish all 35 within his allotted time? Refer to the copy of Table I.1 appended to this exam.


The first unit must be finished in 5.114 hours in order to get all 44 units done in 80 hours.

Business

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An investment that costs $5,000 will produce annual cash flows of $2,000 for a period of 4 years. Given a desired rate of return of 8%, what is the present value index? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to three decimal points.)

A. 1.325. B. 2.500. C. 0.755. D. 1.600.

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Which of the following statements is true regarding fixed and variable costs?

A) Both costs are constant when considered on a per unit basis. B) Both costs are constant when considered on a total basis. C) Fixed costs are constant in total, and variable costs are constant per unit. D) Variable costs are constant in total, and fixed costs vary in total.

Business

Because Hard Rock Cafés are themed restaurants, operations managers focus their layout design efforts on attractiveness while paying little attention to efficiency

Indicate whether the statement is true or false

Business

Veronica is a repairperson for Wind Power Company. The job requires traveling to remote areas to make repairs to windmills, transmission towers, and power stations under any conditions. Veronica has had the job longer than other employees. Veronica

applies for a promotion to a supervisory position that requires constant communica¬tion with others in the field. Wind Power rejects the application on the ground that Veronica is hearing impaired. Wind Power acknowledges that Veronica is otherwise quali¬fied, but asserts that it "needs someone who does not have a hear¬ing problem.". Veronica files a suit against Wind Power under the Americans with Disabilities Act of 1990. What is the issue, and what are the relevant considerations on which its resolution depends?

Business