NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:

SOLVED

Section 2Â Â Learning Curves in Services and Manufacturing 1) The learning curve in the steel industry and the learning curve in heart transplants have both been estimated at 79 percent. 2) A project manager bases his time and labor 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 labor use than his estimate suggested. 3) The learning curve may not be permanent; it can be disrupted by changes in process, personnel, or product. 4) Learning curves can be used to establish budgets. 5) Learning curves have a variety of purposes. Your text places them into which three broad categories? A) services, industry, and military B) internal, external, and strategic C) wholesale, distribution, and retail D) doubling, formula, and learning curve table E) positive learning, neutral learning, and negative learning 6) Learning curves can be applied to a variety of purposes internal to a firm, including: A) labor forecasting. B) scheduling. C) establishing costs. D) establishing budgets. E) all of the above 7) Which of the following statements regarding the usefulness of learning curves is FALSE? A) An external use of learning curves is in supply chain negotiations. B) A strategic use of learning curves is in evaluating company and industry performance. C) An internal use of learning curves is in establishing costs. D) An internal use of learning curves is in labor forecasting. E) A strategic use of learning curves is in establishing budgets. 8) Which of the following statements comparing learning curve rates (L) to improvement rates is TRUE? A) The learning curve rate is the same as the improvement rate. B) The learning curve rate is a decimal value while the improvement rate is a percentage. C) A 90 percent learning curve corresponds to a 10 percent rate of improvement. D) Learning curve rates apply to labor only, while improvement rates apply to all resources. E) “Learning curve rates” is American usage, while “improvement rates” is British. A) the same for all products but different for different organizations. B) the same for all organizations but different for different products. C) the same for all organizations and all products. D) different for different organizations and different products. E) appropriate in services but not in manufacturing. 10) If the learning curve for a process is 80 percent, that same process has a 20 percent ________. 11) Failure to consider the effects of learning can lead to ________ of labor needs.

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.