When are learning curves most relevant to managerial decision making in mass production settings?
A)late in product life cycles
B)in the maturity phase
C)in the decline phase
D)before processes are stabilized
E)never

Question

Quizplus · Accepted Answer

Learning curves are most relevant before processes are stabilized because this is when the most significant improvements in efficiency and cost reduction can be achieved through learning and experience.

When Are Learning Curves Most Relevant to Managerial Decision Making