Which of the following statements is most appropriate with respect to a 70% learning curve?
A) There will be a 70% decrease in direct labor per unit each time the production volume doubles.
B) Each successive unit of production will take 70% of the direct labor of the previous unit.
C) There will be a 30% decrease in direct labor per unit each time production volume doubles.
D) Thirty percent of the production will be defective until full learning takes place.
E) None of the above is true.
Correct Answer:
Verified
Q2: An 80% learning curve means that with
Q3: Experience curves are the opposite of learning
Q4: A 100% learning curve implies that:
A)learning is
Q4: If the learning curve for a process
Q8: Learning curves can only be applied to
Q9: Experience curves may be valid for industrial
Q13: A 90% learning curve implies that each
Q14: Learning curves (or experience curves) were first
Q17: The fundamental premise underlying learning curve analysis
Q38: The earliest industrial application of learning curves
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