Which one of the following statements about learning curves is FALSE?
A) The direct labor for the n+1st unit will always be less than the direct labor required for the nth unit.
B) The reduction in time will follow an exponential curve.
C) A benefit of learning curves is that they are unaffected by factors such as product complexity and the rate of capital additions.
D) The cumulative average number of direct labor hours per unit for a given product after the tenth unit with an 80 percent learning rate will be less than that for the same product with a 70 percent learning rate.
Correct Answer:
Verified
Q2: Once the learning curve has flattened, i.e.,
Q3: The first two units took 28.5 days
Q3: The first learning curve was developed by
Q4: One assumption about learning curves is that
Q6: Which of the following statements about learning
Q7: The annual report for Luddite Corporation boasted
Q8: The first unit took fifteen days to
Q9: A business that relies on learning effects
Q9: Which one of the following statements is
Q14: One assumption about learning curves is that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents