The Direct Labor Times Required to Produce the First Four

question 67

Multiple Choice

The direct labor times required to produce the first four units of a new product are shown below:

Based on this data the estimated learning or improvement rate is

• A)100%.
• B)90%.
• C)85%.
• D)80%.

---

Definitions:

Capabilities

The qualities, skills, or resources a person or organization has that enable them to perform or achieve certain actions or outcomes.

Buying Criteria

Buying criteria are the specifications and considerations that customers use to evaluate and decide on the purchase of products or services.

Warranty

A guarantee given to the purchaser by a manufacturer or dealer, promising to repair or replace the product within a certain period if necessary.

Claim Policies

Guidelines and procedures established by companies for handling customer claims regarding product or service issues.