Which of the following statements comparing learning curve rates (L) to improvement rates is TRUE?
A) The learning curve rate is the same as the improvement rate.
B) The learning curve rate is a decimal value while the improvement rate is a percentage.
C) A 90 percent learning curve corresponds to a 10 percent rate of improvement.
D) Learning curve rates apply to labor only, while improvement rates apply to all resources.
E) "Learning curve rates" is American usage, while "improvement rates" is British.

Question

Quizplus · Accepted Answer

A 90 percent learning curve means that each time the volume of production doubles, the average cost of production decreases by 10 percent. Therefore, a 90 percent learning curve corresponds to a 10 percent rate of improvement. The other statements are not true.

Which of the Following Statements Comparing Learning Curve Rates (L)