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The First Product Took 10 Hours to Build and the Learning

question 11

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The first product took 10 hours to build and the learning curve is estimated to be 90%. How long with it take to make the fourth unit?


Definitions:

Virtual Teams

Groups of individuals who work together from various geographic locations and rely on electronic communication for collaboration.

Information Exchange

The sharing or transfer of data, information, or knowledge between individuals, organizations, or systems to facilitate communication or decision-making.

Management Information System

A computer system that stores and distributes information on how to successfully manage an organisation. It is usually regarded as a subset of the internal controls of a business.

Information Technology

Utilizing computers, storage solutions, networking components, and various physical resources, infrastructure, and procedures to generate, process, keep secure, and share every form of electronic data.

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