Which of the following is the most popular use for mobile devices?
A) shopping
B) socializing
C) entertainment
D) performing tasks, such as finances
C
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A company is preparing a bid on a government contract for 40 units of a certain product. The operations manager estimates the assembly time required for the first two units to be 10.4 hours and 8.3 hours, respectively
a. What is the appropriate learning curve? b. What is the average time per unit for the 40 units? c. Which unit, if any, will require approximately one-half the time of the first unit?
Investors Bill and Maggie lend $60,000 to each new idea. Bill picks low-risk projects that are successful 60% of the time. Maggie takes on high-risk projects that that are successful 20% of the time
What rate of return must each successful project pay Bill and Maggie for them to break even? What will be an ideal response?