Exam 25: Learning Curves

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Learning curves can be used to establish budgets.

(True/False)
4.9/5
(27)

Which of the following is representative of a firm pursuing a learning curve strategy?

(Multiple Choice)
4.9/5
(30)

A project manager bases his time and labour estimates on a learning curve of 86%.The actual learning curve turns out to be 89%.The manager,because of the decreased learning,will complete his project in more time and with more labour use.

(True/False)
4.8/5
(38)

The seventh unit of production took 63.423 minutes while the ninth unit of production took 59.8 minutes.What is the improvement rate?

(Essay)
4.8/5
(42)

What problems in scheduling can arise if adjustments for learning curve effects in operations are not made?

(Essay)
4.9/5
(38)

A company negotiates a price for two aircraft that includes a reduction in labour on the second aircraft consistent with a 70% learning curve.Suppose the first aircraft took 100 hours.If the improvement rate changes to 20%,how will the total time to complete both aircraft change?

(Multiple Choice)
4.8/5
(38)

The first unit took 10 hours and the third unit took 5.7 hours.What is the improvement rate?

(Multiple Choice)
4.9/5
(35)

A product was priced assuming an 80% learning rate.How much extra labour (in $)will be required on the 4th product if the learning rate is actually 90%? Assume that labour costs $10/hour and the first unit cost $100 to produce.

(Essay)
4.8/5
(42)

In the logarithmic approach formula to compute the time for the Nth unit,TN = T1Nb,the exponent b is the learning curve rate L,expressed as a decimal.

(True/False)
4.8/5
(35)

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

(Multiple Choice)
5.0/5
(33)

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

(Essay)
5.0/5
(31)

Learning curves (or experience curves)were first applied to industry by ________ who was studying ________.

(Multiple Choice)
4.7/5
(32)

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

(Multiple Choice)
4.8/5
(32)

The learning curve for a product is 90%.The first unit took 10 hours to complete.The manufacturer wants to determine how many hours the fourth unit will take by using the logarithmic method.The coefficient b for that calculation is approximately

(Multiple Choice)
4.9/5
(42)

The first unit of a product took 832 hours to build,and the learning curve is 90%.How long will it take to make the 25th unit? (Use at least three decimals in the exponent if you use the logarithmic approach. )

(Multiple Choice)
4.9/5
(39)

It took 60 hours to make the first unit of a product.After the second and third units were made,the learning curve was estimated to be 80%.At $10 per hour,estimate the labour bill for the fourth unit.(Use at least three decimals in the exponent if you use the logarithmic approach. )

(Multiple Choice)
4.7/5
(42)

A defence contractor has just started producing engines for a new government contract.The first engine took 800 hours to produce.If the learning curve is 80%,how long will it take to produce the first 20 engines? (Use at least three decimals in the exponent if you use the logarithmic approach,or use Table E.3 cumulative coefficient. )

(Multiple Choice)
4.7/5
(39)

In the logarithmic approach to learning curve calculations,you have used the formula TN = T1.(Nb).Your manager shows you a problem for which b is specified as -.18442.What learning rate does that value represent?

(Essay)
4.8/5
(33)

The learning curve coefficient approach may be simpler to use than the logarithmic approach,but it requires the presence of a table of learning coefficients.

(True/False)
4.8/5
(40)

Which of the following statements comparing learning curve rates (L)to improvement rates is true?

(Multiple Choice)
4.9/5
(32)
Showing 21 - 40 of 111
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)