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11111nata11111 [884]
2 years ago
12

each time mayberry nursery hires a new employee, it must wait for some period of time before the employee can meet production st

andard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size. what is the learning curve percentage, assuming the incremental unit time learning model
Business
1 answer:
spayn [35]2 years ago
5 0

Answer:

Learning percentage = 1.6%

Explanation:

Given - Each time may berry nursery hires a new employee, it must wait for some period of time before the employee can meet production standard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size.

To find - What is the learning curve percentage, assuming the incremental unit time learning model.

Proof -

First job = 40 hours

Second job = 32 hours

Now,

Job           Job hours               Cumm. of hours               Incremental av. hours

1                    40                              40                                        40

2                    32                             72                                         64

Learning percentage = \frac{64}{40} = 1.6%

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Analysts are forecasting LifeTech Corporation's common stock price to be $120 at the end of one year. Also, LifeTech will pay a
devlian [24]

Answer:

Price to pay now for the stock = $96.278

Explanation:

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5 0
3 years ago
4.The following information is available for Lock-Tite Company, which produces special-order security products and uses a job or
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The overview of the problem is listed throughout the section below on explanation.

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The Journal entry is given below:

<u>No       Transaction        General journal      Debit($)    Credit($)</u>

1                 1                Overhead of factory   120000      

                                  Some other accounts                    120000

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8 0
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