The First Unit of a Product Took 80 Work Days

question 66

Multiple Choice

The first unit of a product took 80 work days.The learning curve is estimated to be 90%.The time for the fourth unit will be about ________ work days and the time for the first four units will be about ________ work days.(Use Table E.3)

• A)51;250
• B)250;51
• C)65;285
• D)51;cannot be determined
• E)65;cannot be determined

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Definitions:

Valid Acceptance

An agreement to the terms of an offer in contract law, which results in a binding contract between the parties.

Valid Offer

A proposal made by one party to another intending to create a legally binding agreement that is specific, definitive, and capable of acceptance.

Offer

A proposal presented by one party to another as a basis for negotiations towards a contract, indicating a willingness to enter into an agreement under specified terms.

Time Condition

A provision in a contract that stipulates that certain obligations or conditions must be fulfilled within a specified timeframe.