It Took 60 Hours to Make the First Unit of a Product

question 84

Multiple Choice

It took 60 hours to make the first unit of a product. After the second and third units were made, the learning curve was estimated to be 80%. At $10 per hour, estimate the labor bill for the fourth unit. (Use at least three decimals in the exponent if you use the formula approach.)

• A) $400 or less
• B) from $400 to $420
• C) from $420 to $440
• D) from $1800 to $2000
• E) over $2000

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Definitions:

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing most of the eye's focusing power.

Pupil

The adjustable opening in the center of the eye that allows light to enter and reach the retina, varying in size to regulate the amount of light intake.

Lens

A piece of transparent substance, usually glass or plastic, that refracts or focuses light rays, used in optical devices like glasses or cameras.

Neural Impulses

Electrical signals that travel along neurons, facilitating communication within the nervous system.