A learning curve is the rate at which
A) Students learn material for an exam
B) Direct labor employees are provided training by their organisations
C) Labor hours decrease as production increases when a new product is manufactured
D) Profitability decreases because employees have become less efficient.

Question

Quizplus · Accepted Answer

A learning curve is the rate at which labor hours decrease as production increases when a new product is manufactured. This means that as workers become more experienced with producing the new product, their efficiency increases and they require fewer labor hours to produce the same amount. The concept of a learning curve is commonly used in manufacturing and production planning.

A Learning Curve Is the Rate at Which