Which One of the Following Is an Assumption of Learning

question 41

Multiple Choice

Which one of the following is an assumption of learning curves?

• A) The cumulative time of production decreases as production increases.
• B) Time reduction per unit increases as cumulative production increases.
• C) The same learning curve should be used when a company increases its level of automation.
• D) The reduction in time per unit follows an exponential curve.

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Definitions:

Customers

Individuals or entities that purchase goods or services from a company.

Government

The organization or system through which a society or community is governed, often responsible for making and enforcing laws, and providing services to its citizens.

Accrued Interest

The interest that has accumulated on a bond, loan, or other financial instrument but has not yet been paid to the lender or investor.

Loan Payment

A payment made towards a loan that may include both principal and interest components.