Estimates Should Be Made Based on ___________ Conditions, Efficient Methods

question 78

Multiple Choice

Estimates should be made based on ___________ conditions, efficient methods, and a normal level of resources.

• A) abnormal
• B) above normal
• C) standard
• D) normal
• E) average

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Definitions:

Production Volume

The quantity of goods or products that are manufactured or processed in a certain period.

Learning Curves

The graphical representation of how an individual's or organization's performance improves over time as a result of experience or practice.

Learning Curve Analysis

Examination of how the time to perform a task decreases with increasing repetitions, due to workers gaining efficiency.

Tasks Repeated

Activities or duties that are performed again, either to achieve perfection, necessity, or due to the cyclical nature of the process.