Question 1
Which of the following statements regarding the usefulness of learning curves is
false?
◦ A strategic use of learning curves is in establishing budgets.
◦ An external use of learning curves is in supply-chain negotiations.
◦ An internal use of learning curves is in labour forecasting.
◦ A strategic use of learning curves is in evaluating company and industry performance.
◦ An internal use of learning curves is in establishing costs.
Question 2
The fact that human activities typically improve when they are done on a repetitive basis is described by a
◦ learning curve.
◦ repetition curve.
◦ Poisson distribution curve.
◦ binomial distribution curve.
◦ normal distribution curve.