Which One of the Following Statements About Learning Curves Is

question 81

Multiple Choice

Which one of the following statements about learning curves is TRUE?

• A) A learning curve assumes that the direct labor requirements per unit will DECREASE at an INCREASING rate as cumulative production increases.
• B) A larger learning curve rate implies faster (greater) learning.
• C) A learning curve graph usually follows a negative exponential curve.
• D) Learning curves can be used only for individuals, not for the whole organization.
• E) The formula describing the learning curve principle of doubling is computed differently when computing unit cost as opposed to unit time.

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Definitions:

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variability within a set of data points, indicating how spread out the data points are from the mean.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from its mean.

Sample Average

The sum of all values in a sample divided by the number of values, providing a central tendency measure of the sample.

Population Average

The mean value calculated for a specific characteristic within a given population.