question 13
Multiple Choice
Conversion Factors for the Cumulative Average Number of Direct Labor Hours per Unit
80% Learning Rate ( n= cumulative production) n1234567891011121314151617181.000000.900000.834030.785530.747550.716570.690560.668240.648760.631540.616130.602240.589600.578020.567370.557510.548340.53979n1920212223242526272829303132333435360.537180.524250.517150.510450.504100.498080.492340.486880.481670.476680.471910.467330.462930.458710.464640.450720.446940.44329n37383940641282565126007008009001,0001,2001,4001,6001,8002,0000.439760.436340.433040.429840.373820.302690.244050.196220.186610.177710.170340.164080.158670.149720.142540.136600.131550.1272090% Learning Rate ( n= cumulative production) n1234567891011121314151617181.000000.950000.915400.889050.867840.850130.834960.821720.809980.799450.789910.781200.773200.765800.758910.752490.746460.74080n1920212223242526272829303132333435360.735450.730390.725590.721020.716660.712510.708530.704720.701060.697540.694160.690900.687750.674710.681770.678930.676170.67350n37383940641282565126007008009001,0001,2001,4001,6001,8002,0000.670910.668390.665950.663570.620430.560690.505860.455940.445190.434960.426290.418780.412170.400970.391730.383900.377110.37114
-It took 100 hours to produce the first unit and the learning rate is 80 percent.How much time will it take to produce units 16 through 20? Refer to the copy of Table G.1 above.
Definitions:
HR Strategy
Strategy within human resources that aligns with the overall organizational strategy to ensure effective use of people in achieving organizational goals.
External Environment
Factors outside of an organization that can impact its performance, including economic, social, technological, and political conditions.
Forecasting
The process of making predictions of future events or trends based on analysis of past and present data.
Scanning
The act of analyzing the internal and external environments of an organization to identify trends, opportunities, and threats.