Weston,Inc

question 92

Multiple Choice

Weston,Inc.,produces widgets.To manufacture a new type of widget,it took nine iterations before the process reached a steady state of 38 hours.If Weston has an 80% learning rate,use the logarithmic approach to calculate the time it took to manufacture the first widget.

• A)77.74 hours
• B)75.68 hours
• C)77.09 hours
• D)76.83 hours

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Definitions:

Budgeting

The process of creating a plan to spend your money, outlining projected income and expenses over a period.

Dividend Payout Ratio

The fraction of net earnings a firm pays to its shareholders as dividends, usually expressed as a percentage.

External Funding

Capital that comes from outside an organization, including bank loans, public offerings, or investments from private entities, used to finance operations, growth, or investments.

Assets/Sales Ratio

A financial metric indicating how much assets a company holds per unit of sales revenue.