We know that, time needed to produce nth unit is given as
Tn=To*Nb
We are given that time needed to produce 5th units is 17 man-hours. So,
17=To*(5)b ------(1)
We are given that time needed to produce 10th units is 17 man-hours. So,
12=To**(10)b------(2)
Divide equation 1 by equation 2
(17/12)=(5/10)b
Take natural long both sides, we get
ln(17/12)=b*ln(5/10)
b=ln(17/12)/ln(0.5)=-0.50250034
We know that
b=ln(L)/ln(2)
-0.50250034=ln(L)/ln(2)
ln(L)=-0.50250034*ln(2)=-0.34830669
L=e^(-0.34830669)=0.7059 or say 71%
Correct option is
B) 71%
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