Vestor Ltd

question 132

Multiple Choice

Vestor Ltd.has estimated a 90% incremental unit time learning curve applies to labour time to manufacture its new product.The first unit took 18 hours.If Vestor's estimates are correct, how many hours will be used to manufacture 4 total units?

• A)14.58 hours
• B)64.80 hours
• C)72.00 hours
• D)64.01 hours
• E)58.32 hours

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Definitions:

Foreign Company

A company that is incorporated in a country outside of the one in which it conducts a significant portion of its business activities.

Joint Venture

An agreement where multiple parties decide to combine their assets to achieve a particular goal.

Global Market Entry

Strategies and methodologies employed by businesses to enter and establish a presence in international markets.

Ownership

The legal right or state of having complete control and possession over property, assets, or an entity.