Exam 6: Learning Curves

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The unit improvement factor for a 60 percent learning curve at 25 units is 0.0933. The first and second timings of a person doing a job are 5 minutes and 3 minutes, respectively. The learning-adjusted time estimate for the unit number 25 is 0.0933 minute.

(True/False)
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A company can produce a small lot of products the first time at a cost of $10,000. If their 75 percent learning curve allows them to reduce their costs on each lot, what is the total cost of producing 10 lots?

(Multiple Choice)
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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.

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There will be greater improvement in labor hours and costs for existing jobs than for new jobs.

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You time someone completing a single task the first time at 120 minutes, and the second time they do the task it takes 108 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.

(True/False)
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An assumption of learning curves is that the time required to complete a unit will decrease at a decreasing rate as the cumulative number of units completed increases.

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Which of the following is not a managerial consideration in using learning curves?

(Multiple Choice)
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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.

(True/False)
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The unit improvement factor for an 80 percent learning curve at 100 units is 0.2271. The first and second timings of a person doing a job are 20 minutes and 16 minutes, respectively. What is the learning-adjusted time estimate for unit number 100?

(Multiple Choice)
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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.

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Learning curves have a wide range of business applications.

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An assumption of learning curve theory is which of the following?

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A learning curve is a line displaying the relationship between unit production time and the cumulative number of units produced.

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

(Multiple Choice)
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The unit improvement factor for a 60 percent learning curve at 25 units is 0.0933. The first and second timings of a person doing a job are 5 minutes and 3 minutes respectively. Which of the following is the learning-adjusted time estimate for unit number 25?

(Multiple Choice)
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The normal form of the learning curve equation is Yx = nxk.

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The learning curve percent and the reduction in the time it takes to produce the 1,000th unit (in general nth unit) as compared to the time to make the first unit is

(Multiple Choice)
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