The First Unit of a Product Took 832 Hours to Build

question 46

Multiple Choice

The first unit of a product took 832 hours to build, and the learning curve is 75%. How long will it take to make the 10th unit? (Use at least three decimals in the exponent if you use the logarithmic approach.)

• A) less than 250 hours
• B) from 251 to 275 hours
• C) from 276 to 300 hours
• D) from 301 to 325 hours
• E) 325 or more hours

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Definitions:

Product Mix

The total range of products or services offered by a company, encompassing various product lines, categories, and individual items.

Different Product Lines

A variety of product categories or groups offered by a single company, each catering to distinct customer needs or market segments.

Product Class

A broad category of goods or services that share common characteristics, function in a similar manner, and are targeted towards similar markets.

Industrial Services

Services offered in a business-to-business context, supporting the operations of other companies, including maintenance, repair, and consulting services.