Author Question: Which of the following statements comparing learning curve rates (L) to improvement rates is true? (Read 68 times)

faduma · **on:** Dec 3, 2019

Question 1

The learning curve rate is
◦ only considered valid after one year of data is accumulated.
◦ the percentage of time it will take to make each unit when the production rate doubles.
◦ always equal to at least 75%.
◦ always based on constant value dollars.
◦ the log-log of the annual rate change divided by the average unit cost.

Question 2

Which of the following statements comparing learning curve rates (L) to improvement rates is true?
◦ "Learning rates" is American usage, while "improvement rates" is British.
◦ Learning rates apply to labour only, while improvement rates apply to all resources.
◦ The learning rate is the same as the improvement rate.
◦ A 90% learning curve corresponds to a 10% rate of improvement.
◦ The learning rate is a decimal value while the improvement rate is a percentage.

ju · **Reply #1 on:** Dec 3, 2019

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