The First Unit Took 10 Hours and the Fourth Unit

question 28

Multiple Choice

The first unit took 10 hours and the fourth unit took 8.1 hours to complete. What is the learning curve?

• A) 100%
• B) 99%
• C) 95%
• D) 90%
• E) 80%

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Definitions:

Production Supervisor

An individual responsible for overseeing the daily operations of manufacturing plants and ensuring that production targets are met efficiently and safely.

Prime Cost

The total cost of direct materials and direct labor incurred in producing goods.

Conversion Cost

The combined cost of direct labor and manufacturing overheads incurred to convert raw materials into finished goods.

Direct Labor

The wages or salaries paid to workers directly involved in the production of goods or services.