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 8.8 hours respectively. Approximately how long will it take to produce the last ten units?

45.136 hours

Explanation:

learning rate = time needed to produce second unit / time needed to produce first unit = 8.8 hours / 10.4 hours = 0.8462 ≈ 85%.

time needed to produce the last 10 units = cumulative time needed to produce 40 units - cumulative time needed to produce 30 units

time needed to produce the last 10 units = 222.872 hours - 177.736 hours = 45.136 hours

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.