The First Unit of a Product Took 832 Hours to Build

question 92

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 30th unit? (Use at least three decimals in the exponent if you use the logarithmic approach.)

• A) less than 200 hours
• B) from 200 to 225 hours
• C) from 225 to 250 hours
• D) from 2501 to 275 hours
• E) 275 or more hours

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Definitions:

Export Development Corporation

A government agency tasked with supporting and developing the country's export trade, offering financing, insurance, and bonding services to exporters.

Customs Brokerage Firm

A company that specializes in facilitating the import and export of goods, helping businesses navigate through customs regulations and procedures.

Department of External Affairs

An historical term used for the government department in some countries responsible for foreign relations and diplomacy, now often referred to as the Ministry of Foreign Affairs.

Trade Missions

Official trips organized by governments or trade associations aimed at exploring international business opportunities and fostering economic relations.