BG plc has recently developed a new product. The nature of BG plc’s work is repetitive,
and it is usual for there to be an 80 per cent learning effect when a new product is
developed. The time taken for the first unit was 22 minutes. Assuming that an 80 per
cent learning effect applies, the time to be taken for the fourth unit is nearest to
(A) 9.91 minutes
(B) 9.97 minutes
(C) 14.08 minutes
(D) 15.45 minutes
(E) 17.60 minutes.
The following data relates to both questions 42.2 and 42.3
X Ltd can choose from five mutually exclusive projects. The projects will each last
for 1 year only and their net cash inflows will be determined by the prevailing market. conditions. The forecast annual cash inflows and their associated probabilities are
shown below.
