Exam 21: Learning Curves
Exam 1: Operations and Productivity138 Questions
Exam 2: Operations Strategy in a Global Environment134 Questions
Exam 3: Project Management131 Questions
Exam 4: Forecasting148 Questions
Exam 5: Design of Goods and Services126 Questions
Exam 6: Managing Quality226 Questions
Exam 7: Process Strategies259 Questions
Exam 8: Location Strategies233 Questions
Exam 9: Human Resources, Job Design, and Work Measurement321 Questions
Exam 10: Supply Chain Management158 Questions
Exam 11: Inventory Management230 Questions
Exam 12: Aggregate Planning and Sop122 Questions
Exam 13: Material Requirements Planning Mrp and Erp133 Questions
Exam 14: Short-Term Scheduling124 Questions
Exam 15: Lean Operations122 Questions
Exam 16: Maintenance and Reliability119 Questions
Exam 17: Decision-Making Tools101 Questions
Exam 18: Linear Programming102 Questions
Exam 19: Transportation Models92 Questions
Exam 20: Waiting-Line Models126 Questions
Exam 21: Learning Curves114 Questions
Exam 22: Simulation78 Questions
Exam 23: Applying Analytics to Big Data in Operations Management61 Questions
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The learning curve may not be permanent; it can be disrupted by changes in process, personnel, or product.
(True/False)
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A product was priced assuming a 75% learning curve. How much extra labor (in $) will be required on the 4th product if the learning curve is actually 85%? Assume that the first unit cost $100 to produce.
(Essay)
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A defense contractor has just started producing turbines for a new government contract. The first turbine took 7000 hours to produce. If the learning curve is 90%, how long will it take to produce the 10th turbine? (Use at least three decimals in the exponent if you use the formula approach.)
(Multiple Choice)
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The earliest industrial application of learning curves came from a report by ________.
(Short Answer)
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Learning curves are based on the premise that people and organizations become better at their tasks as the tasks are repeated.
(True/False)
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Learning curves (or experience curves) were first applied to industry by ________ who was studying ________.
(Multiple Choice)
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The first unit of a product took 832 hours to build, and the learning curve is 70%. How long will it take to make the 10th unit? (Use at least three decimals in the exponent if you use the formula approach.)
(Multiple Choice)
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________ are based on the premise that people and organizations get better at their tasks as the tasks are repeated.
(Short Answer)
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Joe's Manufacturing is considering bidding on a small order for 5 units. Based on similar products that they have made in the past, they believe that the first unit will take 500 labor hours. They also believe that there will be an 80% learning curve. How many hours of labor should Joe include for his bid?
(Essay)
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Experience curves are the opposite of learning curves-as one rises, the other falls.
(True/False)
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On an ordinary graph, unit times for a learning curve decrease at a decreasing rate, but on a log-log graph, the learning "curve" appears as a straight line.
(True/False)
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Companies pursuing a learning curve strategy MUST increase which of the following?
(Multiple Choice)
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The seventh unit of production took 63.423 minutes while the ninth unit of production took 59.8 minutes. What is the improvement rate?
(Short Answer)
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