Exam 22: Learning Curves

The general guidelines provided in the textbook on improving individual learning based on learning curves does not include which of the following?

A company can produce a small lot of products the first time at a cost of $2,000.If their 85 percent learning curve allows them to reduce their costs on each lot,what is the total cost of producing 5 lots?

You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition.You find a company can produce a product the first time at a cost of $2,500.If their 65 percent Learning Curve allows them to reduce their costs on each product,what is the total cost of producing 400 units of the new product?

If a person performing a task has been achieving an 85 percent learning curve and if it took 1 minute to produce the first unit,what will be the total time to produce 1,000 units?

A company can produce a product the first time at a cost of $2,500.If their 85 percent Learning Curve allows them to reduce their costs on each product,what is the total cost of producing 400 units of the new product?

You have just timed a person doing a job a few times.The first time it took the person 25 minutes,the second time it took 20 minutes and the third time it took 17.55 minutes.Which learning curve unit improvement factor should you use?

At the 10^th repetition of job it is timed at 100 minutes.If the learning curve for this job is 80 percent,what is the estimated time for the 100^th repetition of this job?

Which of the following is a reason that there are disparities between a firm's learning curve rate and that of its industry?

Describe an example of industrial learning where learning curve analysis might be useful?

You time someone completing a single task the first time at 100 minutes and the second time they do the task it takes 90 minutes.You should use a 90 percent learning curve to estimate the length of time this worker will take to complete this task in the future.

A company's production process has a 90 percent learning rate.The process has produced 1,000 units to date.A process refinement is estimated to allow a future learning rate for the identical product of 70 percent.However,the initial unit made using the new process will take the same amount of time as the initial unit produced using the old process.At what point,using the new process,will the production rate exceed the production rate achieved by the old process?

You time someone completing a single task the first time at 100 minutes and the fourth time they do the task it takes 81 minutes.You should use an 81 percent learning curve to estimate the length of time this worker will take to complete this task in the future.

Learning curves can be applied to individuals and to organizations.

A learning curve shows the decrease in time required for each successive unit completed.

A company can produce a small lot of products the first time at a cost of $3,000.If their 65 percent learning curve allows them to reduce their costs on each lot,what is the cost of producing the 12^th lot?

If a person performing a task has been achieving an 85 percent learning curve and if it took 1 minute to produce the first unit,the total time to produce 1,000 units will be 437.5 minutes.

You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition of new product.You find a company can produce a product the first time at a cost of $5,000.If their 90 percent learning curve allows them to reduce their costs on each unit,what is the total cost of producing 100 units of the new product?