A Manager Wants to Analyze the Learning Curve Associated with Producing

question 53

Multiple Choice

A manager wants to analyze the learning curve associated with producing one of his company's products. Accordingly, he has gathered the following data: $$\begin{array} { | l | l | } \hline \text { UNIT PRODUCED } & \text { TIME REQUIRED } \\\hline \text { Second } & 5 \text { hours } \\\hline \text { Fourth } & 4 \text { hours } \\\hline\end{array}$$
Approximately how long will it take to produce the 10th unit?

• A) 1 hour
• B) 2 hours
• C) 3 hours
• D) 4 hours
• E) 5 hours

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Definitions:

Record Information

Pertains to the process of collecting, storing, and retrieving data related to a particular subject or activity.

People

Refers to the human users or participants in a system, organization, or a specific context, often considered in the design and development of products or services.

Contacts Arranged

The process of organizing personal or business contacts in a specific order or system for easier access.

Businesses

Organizations engaged in commercial, industrial, or professional activities, with the aim of generating profits by providing goods or services.