The learning curve is graphically represented as a plot of:
A) labor per unit on the horizontal axis and total cost on the vertical axis.
B) labor per unit on the horizontal axis and total number of units produced on the vertical axis.
C) total cost on the vertical axis and total number of units produced on the horizontal axis.
D) labor per unit on the vertical axis and cumulative number of units produced on the horizontal axis.

Question

Quizplus · Accepted Answer

The learning curve is a graph that shows the relationship between the cumulative number of units produced and the labor per unit. The horizontal axis represents the cumulative number of units produced, while the vertical axis represents the labor per unit. As more units are produced, the labor per unit decreases due to the increased experience and expertise of the workers. Therefore, choice D is the most appropriate option as it represents the key parameters of the learning curve.

The Learning Curve Is Graphically Represented as a Plot Of