The "specialization effect" means that:
A) People work faster for production tasks
B) People work more efficiently by avoiding time loss
C) Tasks are divided into different sub-tasks which are performed more efficiently by people who specialise in each sub-task.
D) People can learn faster because they perform one task only
Correct Answer:
Verified
Q29: The experience curve can be defined as:
A)A
Q30: The experience curve and / or economies
Q31: Economies of scale can be defined as:
A)Manufacturing
Q32: A minimum efficient plant size is:
A)The minimal
Q33: Economies of scale were traditionally associated with:
A)Marketing
B)Manufacturing
C)Production
D)Any
Q35: One of the purposes of studying cost
Q36: Three main sources generate economies of scale:
A)Specialization,
Q37: The factors which determine costs in an
Q38: Throughout the 20th century it was assumed
Q39: Some relatively recent ideas regarding cost reduction
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