1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
konstantin123 [22]
3 years ago
12

Suad Alwan, the purchasing agent for Dubai Airlines, is interested in determining what he can expect to pay for airplane number

4 if the third plane took 20,000 hours to produce. What would Alwan expect to pay for plane number 5? Number 6? Use an 85% learning curve and a $40-per-hour labor charge.

Business
1 answer:
lions [1.4K]3 years ago
6 0

Answer:

Alwan expect to pay for airplane 4= $747818.48

Explanation:

given data

expect to pay airplane =  4

3rd plane produce = 20,000 hours

learning curve = 85%

solution

As here logarithmic approach allow get labor for any unit, TN,  as

TN = T1(Nb)

here TN is time for the Nth unit  and T1 is hours to produce the first unit  

so

b  = (log of the learning rate) ÷ (log 2) = slope of the learning curve

so

T3 = T1(3log(0.85)÷log2)

so we get

So Alwan expect to pay for airplane 4 = $747818.48

You might be interested in
Studies of new product launches indicate that about __________ percent of the products fail.
mamaluj [8]
<span>Past studies have found that new products fail in the market around 35-40 percent of the time. Here are some remarkable examples:

</span><span>Iridium Satellite Telephone - -$7 bil
Mobile ESPN - $150 mil
Apple Newton PDA - -$400 mil
RJR Premiere Cigarette - -$325 mil and an additional loss of $125 mil
RCA Videodisk Player - -$450 mil</span>
5 0
3 years ago
Stefan Ceramics is in the business of selling ceramic vases. It has two departments - molding and finishing. Molding department
lakkis [162]

Answer:

Explanation:

The journal entry is shown below:

Work in Process-Molding A/c Dr $3,000

     To Accounts Payable Control               $3,000

(Being the purchase and used production is recorded)

The computation of the purchase amount is shown below:

= Number of kgs purchased × price per kg

= 500 kgs × $60

= $3,000

The other information which is given is not considered. Thus, ignored it

6 0
3 years ago
The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is
dalvyx [7]

The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called as  Skimming price strategy

Skimming Pricing, also known as price skimming, is a pricing strategy that sets the price of new products higher and lowers them when competitors enter the market. Skimming prices are the opposite of penetration prices, which set lower prices for newly launched products in order to build a large customer base from the beginning.

Skimming pricing strategy refers to setting relatively high initial prices for new products or services for early adopters who are not price sensitive when there is a strong relationship between price and perceived quality. .. Prices can go down over time.

An example of a skimming strategy can be found primarily when major technology companies such as Apple, Samsung, and Sony are developing new technologies that are known to be in high demand.

Learn more about Skimming prices here:brainly.com/question/20927491

#SPJ1

8 0
2 years ago
Which of the following is an example of an unsought good? A. Cameron purchases a new bike. B. Jordan buys paper towels. C. Taylo
NikAS [45]

Answer:

D. Riley buys new windshield wipers for her car.

Explanation:

By definition unsought goods are those which are not purchased out of want or desire, but the purchases of which arise due to any of the following circumstances:

  • danger - for example a fire extinguishers sought in the incident of a fire
  • fear - for example the fear of crashing into another car (in this case)
  • unexpected events - for example funeral services sought at the time of death

4 0
3 years ago
Both liberals who believe that the ethical assessment of work should be based on how work affects the workers' ability to make f
BigorU [14]
<h2>False. Both liberals believes are different.</h2>

Explanation:

Ethical assessment of work: It purely depends on the office environment. I can explain like,

  • how much of employee-friendliness exists in the company,
  • how the work-life balance of employee experiences
  • The amount of work pressure that the employee face
  • The independence that they have in doing their work creatively or scope for creativity.

Rather, human fulfillment school, purely deals with personal life. Its full of humanness.

So both are entirely different. Hence the statement stands false.

7 0
3 years ago
Other questions:
  • Lucinda is a self-employed veterinarian in 2019. Her Schedule C net earnings are $86,000 for the year. Calculate the total amoun
    9·1 answer
  • What type of economy is often found in democracy A. Command Economy B. Traditional Economy C. Market Economy D. Restricted Econo
    5·2 answers
  • The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat
    6·1 answer
  • Last year Ann Arbor Corp had $250,000 of assets (which equals total invested capital), $305,000 of sales, $20,000 of net income,
    12·1 answer
  • A firm that uses a ________ strategy relies on economic theory and a mathematical model to capture all the factors required to e
    9·2 answers
  • Association Rule Analysis is the statistical technique typically used to conduct market basket analysis.
    5·1 answer
  • South Carolina Industrial Products' bonds have a 7.00 percent coupon and pay interest annually. The face value is $1,000 and the
    9·1 answer
  • the Bailey Brothers want to issue 20-year , zero coupon bonds that yield 9% .what price should it charge for these bonds if the
    7·1 answer
  • In managing production worker compensation and expenditures for best practice training, the overriding objective of company mana
    15·1 answer
  • The market price in a perfectly competitive market is $11, and 1,250 units are bought and sold. Assume the market becomes monopo
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!