The Learning Curve for a Product Is 80 Percent

question 97

Multiple Choice

The learning curve for a product is 80 percent.The first unit took 100 hours to complete.The manufacturer wants to determine how many hours the fifth unit will take by using the formula approach.What is the coefficient b for that calculation?

• A)-.0969
• B)-.2231
• C)-.3219
• D).80
• E)1.903

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Definitions:

Timeliness

The quality of delivering or receiving information or materials within an expected timeframe, crucial for decision-making and operational efficiency.

Senior Executives

Top-level managers who are responsible for the overall direction and performance of a company.

Criminally Prosecuted

The process of charging someone with a crime and conducting a trial to determine guilt.

Unrealized Profits

Gains on investments that have increased in value but the increase has not been realized through selling.