Managers at Art's Custom Saddle Manufacturers Believe That the Learning

Multiple Choice

Managers at Art's Custom Saddle Manufacturers believe that the learning rate for new employees is about 90%. If it takes a new employee 10 hours to make the first saddle, estimate the cumulative average time per saddle for a new employee to make four saddles. Use the following values as needed to respond:
Ln(95%) / ln(2) = -0.074
Ln(90%) / ln(2) = -0.152
Ln(85%) / ln(2) = -0.234
Ln(80%) / ln(2) = -0.322
Ln(75%) / ln(2) = -0.415
Ln(70%) / ln(2) = -0.515

A) 8) 1 hours per saddle
B) 5) 3 hours per saddle
C) 7) 6 hours per saddle
D) Cannot be determined