Weston,Inc

question 86

Multiple Choice

Weston,Inc.,produces widgets.To manufacture a new type of widget,it took 15 iterations before the process reached a steady state of 9 hours.If Weston has a 90% learning rate,use the logarithmic approach to calculate the time it took to manufacture the first widget.

• A)13.58 hours
• B)15.45 hours
• C)13.38 hours
• D)11.51 hours

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Definitions:

Net Cash

The amount of cash that is remaining after all cash inflows and outflows have been accounted for, over a specific period.

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of the entity.

Statement Of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for.