Exam 25: Learning Curve Analysis

When the learning curve has a pronounced curve,the production phase could be characterized as the ________.

The seventh unit of a long production run was produced in 3 hours.The process has an estimated learning rate of 90 percent.At what level of output will the cumulative production time exceed 40 hours?

How long will it take to make 25 units if the first one took 8 hours and there is a 90 percent learning rate? Refer to the copy of Table I.1 appended to this exam.

The production for a new product follows: The first unit will take 2,000 hours to produce and the learning rate is 90 percent.Currently,the company employs 40 workers,who each work 200 hours regular time per month.In which months will overtime be needed for the production schedule shown? Refer to the copy of Table I.1 appended to this exam.

Tim usually exhibits a 90% learning rate for the mechanical tasks he undertakes.His next big project,the fence along the street,will require 24 iterations of the fencepost task.If he has 40 hours available to work on the project,how fast must he perform the first iteration in order to finish all 24 within his allotted time? Refer to the copy of Table I.1 appended to this exam.

The first learning curve was developed by the aircraft industry.

Learning curves provide their greatest advantage in the early stages of new service or product production.

The simpler the product,the more pronounced the learning rate.

The first unit took 10 hours to produce and the learning rate is expected to be 90 percent.How long will it take to produce the sixteenth unit?

What are some managerial considerations when using learning curves?

In Troix City,the learning rate is based on a tripling of output instead of the traditional doubling.The first unit of a long production run was produced in 25 hours.The process has an estimated learning rate of 90 percent.How long will the 15th unit take to produce?

The fourth unit took 10 hours to produce and the learning rate is expected to be 80 percent.How long will it take to produce the tenth unit? [Note: a calculator is required to answer this question.]

How long will it take to make 25 units if the third one took 6.5 hours and there is a 90 percent learning rate? Refer to the copy of Table I.1 appended to this exam.

How are learning curves useful in financial planning?

A company is introducing a new product.The first unit took 1,000 hours to complete,and the fourth unit took 750 hours to complete.What is the rate of learning for this product?

Why is the learning rate more pronounced for complex products than for simple products?