Suppose That There Are Two Products with the Same First

question 23

Multiple Choice

Suppose that there are two products with the same first product time.However,product A has an improvement rate of 10% while product B has an improvement rate of 20%.How much longer will it take to make the 10^th unit of product A compared to product B?

• A)Both will have the identical time for the 10^th unit.
• B)A will take 48% more time.
• C)A will take 48% less time.
• D)A will take 23% less time.
• E)none of the above

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Definitions:

Internal Validation

The process of reviewing and assessing the internal procedures, controls, and operations of an organization to ensure they are effective and in line with set standards or goals.

Supply Savings

The reduction in costs achieved through efficient supply management practices, including negotiation, strategic sourcing, and procurement efficiencies.

Market Changes

Refers to the fluctuations and transformations in the dynamics of a market, influenced by factors like consumer behavior, economic policies, and technological advancements.

Technology Changes

Refers to the process of adopting new and improved technologies, often leading to innovation and transformation in various sectors.