The First Unit of a Product Took 900 Hours to Build

question 11

Multiple Choice

The first unit of a product took 900 hours to build and the learning curve is 90%. How long will it take to make the first 3 units?

• A) less than or equal to 2,470 hours
• B) from 2,470 to 2,472 hours
• C) from 2,472 to 2,475 hours
• D) from 2,475 to 2,478 hours
• E) from 2,478 to 2,481 hours

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Definitions:

Financial Analysts

Professionals who evaluate financial data, economic trends, and investment opportunities to provide guidance and advice to businesses and individuals.

Financial Accounting Standards Board

An autonomous institution tasked with the development and enhancement of financial accounting and reporting guidelines within the United States.

Public Company Accounting Oversight Board

A nonprofit organization established by Congress to oversee the audits of public companies in order to protect investors and the public interest.

Form 10-Q

The quarterly report that publicly traded companies must file with the SEC.