Exam 26: Learning Curves

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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.

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An 80% learning curve means that with each unit increase in production,labor requirements fall by 20%.

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In the formula to compute the time for the Nth unit,TN = T1(Nb),the exponent b is the learning curve rate L,expressed as a decimal.

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Which one of the following courses of actions would NOT be taken by a firm wanting to pursue a learning curve steeper than the industry average?

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The learning curve in the steel industry and the learning curve in heart transplants have both been estimated at 79 percent.

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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.)

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In addition to labor,to which other variables have learning curves been applied?

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The earliest industrial application of learning curves came from a report by ________.

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A certain product under development took 200 hours for the production of its 2nd unit and 180 hours for its 4th unit. a.What is the learning curve? b.How much time did the first unit take? c.How much time would the production of the 10th unit take? (Use both the formula and the Table E.3 approach.Do the two versions agree?)

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Which of the following statements is most appropriate with respect to a 70% learning curve?

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The fact that human activities typically improve when they are done on a repetitive basis is described by a:

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What can cause a learning curve to vary from a smooth downward slope?

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The first unit of production took 10 hours with an 80% learning curve.How long will it take to complete both the first and second units?

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The first unit of a product took 50 hours to build,and the learning curve is 85%.How long will it take to make the 10th unit? (Use at least three decimals in the exponent if you use the formula approach.)

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Experience curves are the opposite of learning curves-as one rises,the other falls.

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Your firm has expertise with a special type of hand-finished furniture.The learning curve is known to be 82%.If the first piece of furniture took 6 hours,use the formula approach to determine how long it will take to make the third unit.

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The first unit took 10 hours and the eighth unit took 1.25 hours.What is the learning curve?

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It took 18 hours to complete the first two products with an 80% learning curve.How long did the second product take?

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Identify one advantage and one disadvantage of the doubling approach over the formula approach to learning curve calculations.

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The first unit of a product took 832 hours to build,and the learning curve is 75%.How long will it take to make the 10th unit? (Use at least three decimals in the exponent if you use the formula approach.)

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