The Learning Curve for a Product Is 70 Percent

question 37

Multiple Choice

The learning curve for a product is 70 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) −.097
• B) −.515
• C) −.322
• D) .80
• E) 1.90

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Definitions:

Compensating Differential

The difference in wage rates that serves to offset the desirability or undesirability of a job, its working conditions, location, or other non-monetary characteristics.

Night Shift

A working shift that takes place during the nighttime, typically outside of conventional daytime working hours.

Day Shift

Typically, the work period during the daytime, often from morning to late afternoon, which can vary depending on the industry or company.

Unskilled Workers

Individuals who lack specific skills or qualifications and typically perform simple tasks that require limited training.