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The cumulative average-time learning model

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The cumulative average-time learning model 1) In the cumulative average-time learning model, cumulative average time per unit declines by a constant percentage each time the cumulative quantity of units produced doubles. 2) When new products are introduced, learning-curve effects can have a major influence on production scheduling. 3) It is appropriate to incorporate expected learning-curve efficiencies when evaluating performance. 4) The cumulative average-time learning model with a 85% learning curve indicates that if it takes 200 minutes to manufacture the first unit of a new model, then the second unit will take only 170 minutes to manufacture. 5) The incremental unit-time learning model with a 80% learning curve indicates that if it takes 150 minutes to manufacture the first unit of a new model, then the second unit will take only 120 minutes to manufacture. 6) A learning curve is a function that measures how labor-hours per unit decrease, as units of production decrease. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

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