what is the time to be taken for the fourth unit

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

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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.

 

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