How Long Will It Take to Make 25 Units If

question 53

Multiple Choice

How long will it take to make 25 units if the third one took 6.5 hours and there is a 90 percent learning rate? Refer to the copy of Table I.1 appended to this exam.

• A)fewer than or equal to 130 hours
• B)greater than 130 hours but fewer than or equal to 140 hours
• C)greater than 140 hours but fewer than or equal to 150 hours
• D)greater than 150 hours

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Definitions:

Sale of Goods

A transaction involving the transfer of ownership of tangible personal property from a seller to a buyer for a price.

Tangible Personal Property

Physical items that can be owned and have value, such as furniture, jewelry, and vehicles.

Consideration

Something of value exchanged between parties in a contract that induces them to enter into the agreement.

Simple Contract

An agreement made between parties that does not necessarily have to be in writing but is binding and enforceable by law.