An experience curve displays the relationship between total direct labor per unit and
A)Annual quantity of products produced
B)Average quantity of products produced
C)Cumulative quantity of products produced
D)Years of worker experience
E)Difficulty of product design

Question

Quizplus · Accepted Answer

An experience curve displays the relationship between total direct labor per unit and cumulative quantity of products produced. The more units that are produced, the more experience workers have in producing them, leading to efficiencies and cost savings over time.

An Experience Curve Displays the Relationship Between Total Direct Labor