In a recent presentation by the management of Seas Inc., the presenters conducted a discussion with a pictorial chart on the cumulative units of production of the company and its correlation with the cost per unit of the product.Which of the following charts did the presenters of Seas discuss?
A)The learning curve
B)The experience curve
C)The scale curve
D)The value curve

Question

Quizplus · Accepted Answer

The experience curve is the correct answer because it illustrates how the cost per unit of production decreases over time as a company gains more experience and increases its cumulative units of production. This concept is directly related to the discussion described.

In a Recent Presentation by the Management of Seas Inc