A Learning Curve May Be Expressed as a Relationship Between

question 77

Multiple Choice

A learning curve may be expressed as a relationship between the labor per unit (L) and the cumulative number of units produced (N) . Which of the following learning curves exhibits a faster reduction in cost of production due to learning, (1) L = 10 + N^-1 or (2) L = 10 + N^-0.5?

• A) Learning curve (1)
• B) Learning curve (2)
• C) Curves (1) and (2) exhibit the same rate.
• D) We cannot determine the rate of cost reduction without knowing the value of N.

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