It Has Been Suggested That Learning Effects Are Important Only

question 85

Multiple Choice

It has been suggested that learning effects are important only during the start-up period of a new process and that they cease after two or three years. Any decline in the experience curve after such a point is due to

• A) reduction in fixed costs.
• B) higher depreciation costs.
• C) economies of scale.
• D) obsolescence.

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Definitions:

Alcoholism

A chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol.

Indirectly Affected

To be impacted by an action, event, or situation in a secondary or less immediate way.

Communication

The act of conveying information or expressing ideas and feelings through verbal, nonverbal, written, or visual means.

Listening

The active process of receiving, interpreting, and responding to verbal and non-verbal messages.