A learning curve is the rate at which:
A) Students learn material for an exam
B) Direct labour employees are provided training by their organizations
C) Labour 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 production time and/or cost decreases as a result of experience and learning gained from repeated production of a product. It is based on the concept that the more you produce something, the more efficient you become at doing it, resulting in fewer labour hours required to manufacture the product. Therefore, option C is the correct choice as it reflects the relationship between production and labour hours on a learning curve.

A Learning Curve Is the Rate at Which