Learning curves can be applied to a variety of purposes internal to a firm, including
A) labour forecasting.
B) scheduling.
C) establishing costs.
D) establishing budgets.
E) all of these.

Question

Quizplus · Accepted Answer

Learning curves can be used for all of the purposes listed, including forecasting labour needs, scheduling production, determining costs, and establishing budgets. By understanding how quickly workers or processes become more efficient with practice, managers can make informed decisions about resource allocation and project management.

Learning Curves Can Be Applied to a Variety of Purposes