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Quiz 28: Learning Curves
Path 4
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Question 1
Multiple Choice
Learning curves can be used to determine the number of workers needed to meet planned production level targets.This statement is an application of learning curves in which of the following functions?
Question 2
Multiple Choice
Typically,when an activity is performed repeatedly,the time required to perform it steadily decreases.Which of the following captures this phenomenon?
Question 3
Multiple Choice
Learning curve effects enable managers to pursue aggressive pricing strategies to penetrate new markets and still be profitable in the long run.This statement is an application of learning curves in which of the following functions?
Question 4
Multiple Choice
Learning curves will help managers develop more accurate estimates of labor and material costs that are incurred during the production cycles.This statement is an application of learning curves in which of the following functions?
Question 5
Multiple Choice
There are ______ approaches to solving learning curve problems.
Question 6
Multiple Choice
Learning curves are most useful for measuring performance improvements for ______.
Question 7
Multiple Choice
______ is suitable only for estimating the number of hours required to produce the nth unit,where n is the doubled value.It cannot be used to find the time required to find intermediate units.
Question 8
Multiple Choice
The arithmetic approach is based on the assumption that as production doubles,the per-unit production time declines by a constant percentage,often referred to as ______.
Question 9
Multiple Choice
Under the learning curve,as the number of repetitions or units of an item produced doubles,the processing time per unit of that item decreases by a constant percentage.This constant percentage is typically in the ______ range.
Question 10
Multiple Choice
Which of the following statements is true about learning curves?
Question 11
Multiple Choice
Which of the following is NOT one of the approaches to solve learning curve problems?
Question 12
Multiple Choice
After a certain point,no further learning occurs,and each subsequent repetition or unit produced take the same amount of time,and the system has reached a steady state.This is illustrated by the ______ of the learning curve.