A Small Manufacturer Builds Wooden Pleasure Boats in a Craftsman

question 108

Essay

A small manufacturer builds wooden pleasure boats in a craftsman manner by traditional labor-intensive methods.The first boat is estimated to take 650 hours of skilled labor,which cost $40 per hour.They currently have three workers that can work 2,000 hours a year.They assume that there is a 90% learning curve.How many boats can they build in their first year?

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Definitions:

Protestant Christians

Followers of the branches of Christianity that originated from the Reformation in the 16th century, which protested against certain practices of the Catholic Church.

Mormons

Members of the Church of Jesus Christ of Latter-day Saints, a Christian religious group founded in the early 19th century in the United States by Joseph Smith.

Revivalist Teachings

Religious teachings aimed at inspiring a reawakening of faith among believers, often associated with evangelical or charismatic movements.

Reform Movement

Initiatives aimed at making significant changes in societal structures, including political, religious, or educational systems, to address perceived injustices or inefficiencies.