Question
During training, the slope of the log-log graph (ln(Cumulative Output) vs. ln(Cost)) is found to be 0.1. The first item required 25 minutes to complete.
During training, the slope of the log-log graph (ln(Cumulative Output) vs. ln(Cost)) is found to be 0.1. The first item required 25 minutes to complete.
How long would you expect the 20th item to require (in minutes)?
Note: Round your answer to 1 decimal place.
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Management Fundamentals Concepts, Applications and Skill Development
Authors: Robert N. Lussier
7th edition
978-1506332109, 1506332102, 1506303277, 978-1506333281, 1506333281, 978-1506303291, 1506303293, 978-1506303277
