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If a Person Performing a Task Has Been Achieving a 75

question 9

True/False

If a person performing a task has been achieving a 75 percent learning curve and you know that the task will end after the 80th unit, the last unit produced will take 17.12 percent as much time as the first unit.

Explain the purpose and effectiveness of different organization development interventions.
Acknowledge the personal responsibility in building and maintaining career readiness in changing times.
Identify strategies for enhancing career success and avoiding pitfalls in times of change.
Understand the distinction between different types of groups and teams within organizations.

Definitions:

Materials Quantity Variance

Materials quantity variance is the difference between the actual quantity of materials used in production and the expected amount, multiplied by the standard cost of those materials, indicating efficiency in usage.

Price Standard

A predetermined cost that serves as a benchmark for evaluating the actual cost of goods sold or production costs.

Pounds

A unit of mass or weight commonly used in the British imperial and United States customary systems.

Materials Price Variance

The difference between the actual cost and the standard cost of materials used in production, multiplied by the quantity of materials used.

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