A manager of an insurance agency was working on the portion of a time budget for one of his new insurance agent hires. He knows that based on past experience with new hires, that there is a learning curve, but that due to the complexity of the work assignments, that the new hire will not be able to significantly reduce time spent on any of the new tasks, as he will still be learning. If the manager wishes then to use a very small learning curve for the work of the new hire, should the learning curve be set at 95% or 5%? Explain answer.

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The Answer of A manager of an insurance agency was working on the portion of a time budget for one of his new insurance agent hires. He knows that based on past experience with new hires, that there is a learning curve, but that due to the complexity of the work assignments, that the new hire will not be able to significantly reduce time spent on any of the new tasks, as he will still be learning. If the manager wishes then to use a very small learning curve for the work of the new hire, should the learning curve be set at 95% or 5%? Explain answer.

A Manager of an Insurance Agency Was Working on the Portion