One use of learning curves is for negotiated purchasing.

Name: One use of learning curves is for negotiated purchasing.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Learning curves can be used to improve negotiations in purchasing as they provide insight into the cost reduction potential over time as workers become more efficient. This can help both buyers and suppliers plan for future production and set appropriate pricing.

One Use of Learning Curves Is for Negotiated Purchasing