A Job Has an 80 Percent Learning Curve

question 132

Multiple Choice

A job has an 80 percent learning curve. If the first unit took 50 hours to complete, the third unit should take roughly how many hours?

• A)40
• B)36
• C)35
• D)32
• E)10

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Definitions:

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as a manufacturer owning its supplier and/or distributor.

Make-Or-Buy Analysis

An evaluation process used in business to determine whether products, parts, or components should be produced in-house or purchased from an external supplier.

Supply-Chain Strategies

Plans and methods developed to manage and improve the flow of goods and materials, information, and finances across the supply chain.

Standardized Data-Transmittal Format

A uniform method or protocol for sending and receiving data between different systems, ensuring compatibility and efficient processing.