The _____ states that the cost of doing any repetitive task, work activity, or project decreases as the accumulated experience of doing the job increases.
A) learning curve
B) experience curve
C) Deming philosophy
D) regression method

Question

Quizplus · Accepted Answer

The statement describes the experience curve, which is also known as the learning curve, the cost curve, or the productivity curve. It represents the relationship between the cumulative production volume and the reduction in cost per unit. This theory is widely used in manufacturing, operations management, and industrial engineering to estimate the impact of experience on efficiency, quality, and cost. The Deming philosophy, named after W. Edwards Deming, is a management approach that emphasizes continuous improvement, statistical control, and customer satisfaction. The regression method is a statistical technique used to model the relationship between two or more variables. While it can be applied to study learning curves, it is not the primary method used in this context.

The _____ States That the Cost of Doing Any Repetitive