Which of the Following Statements About Learning Curves Is Best

question 50

Multiple Choice

Which of the following statements about learning curves is best?

• A)Learning improvements always follow a constant pattern.
• B)Frequent design changes have no effect on learning rates.
• C)Underestimated learning effects may cause overestimation of capacity needs.
• D)An eighty percent learning curve means that each unit takes twenty percent less time to produce than its immediate predecessor.

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Definitions:

Required Return

The minimum expected return an investor demands for an investment, reflecting its risk level.

Investment Centers

Business units or departments that are directly responsible for generating returns on assets allocated to them.

Controllable Margin

The portion of profit or margin that can be directly influenced by managing costs or expenses within a department or area.

Average Operating Assets

The average value of the assets used in the operation of a business, taken over a specific period, which may be used to evaluate the effectiveness of asset use in generating revenue.