The 25^th Repetition of a Job Is Timed at 100

question 22

Short Answer

The 25^th repetition of a job is timed at 100 minutes.If the learning curve for this job is 90 percent, what is the estimated time for the 180^th repetition of this job? ________________________

---

Definitions:

Net Income

What remains of a company’s revenue after all expenses, including taxes and costs, have been removed.

Balance Sheet Equation

An accounting formula representing the relationship between assets, liabilities, and owner's equity (Assets = Liabilities + Owner's Equity).

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but retained by the company to reinvest in its business or to pay debt.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, a key indicator of financial health.