Gabon Ltd has recently started producing a new product the Cube. The first unit of the Cube took 10 hours to produce. The total time for the first two units is 17 hours. 1. What is the learning factor, to four decimal places? a) -0.7859 b) -0.2345 c) 0.7655 d) -0.0740 2. What is the estimated total time to produce 40 units? (round the final value to 2 decimal places) a) 22.03 hours b) 304.44 hours c) 168.41 hours d) 24.08 hours If the learning curve stops at 40 units, with 40 units representing the standard number of hours, the standard hours per unit, will be: (round the final value to 2 decimal places) 3. a) 3.23 hours b) 7.05 hours 5.07 hours c) 2.33 hours d)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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