An Experience Curve ________

question 35

Multiple Choice

An experience curve ________.

• A) is a narrower application of the learning curve
• B) measures the decline in cost per unit as production decreases for various value-chain functions such as marketing as production increases
• C) only measures the decline in labor-hours per unit as units produced increases
• D) measures the increase in cost per unit as productivity increases

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Definitions:

Feature of Size

Refers to any geometric characteristic of a part that includes a dimensional specification, such as diameter, length, or width.

Diameter

A straight line passing through the center of a circle or sphere and terminating at both circumferences, representing the widest distance across it.

Thickness

The dimension from one surface of an object to the opposite surface, measured perpendicular to the surfaces.

LMC

Least Material Condition; a condition of a feature which contains the minimum amount of material yet still meets the specified limits of size.