If a person performing a task has been achieving a 95 percent learning curve and you know that the task will end after the 100th unit, the last unit produced will take 71.12 percent as much time as the first unit.
Answer the following statement true (T) or false (F)
True
Using Exhibit 6.4, with a 95 percent learning curve where the first unit is 1, the 100th unit is 0.7112 or 71.12 percent of the first unit.
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Based on the service-quality model, researchers have identified five determinants of service quality. List and briefly explain each
What will be an ideal response?
The normal selling price of Carla Company's product is $3.00 per unit. The costs of production are: direct materials, $0.20; direct labor, $0.10; variable overhead, $0.40; and fixed overhead, $0.60 (based on normal capacity). The company has received a special order for 8,000 units at a unit sales price of $1.00. There is ample unused capacity to fill the order. If the order is accepted,
operating income will A) increase by $2,400. B) decrease by $2,400. C) increase by $3,600. D) increase by $8,000.
______ is the continuous monitoring of shortages or sudden changes in the quality of materials.
A. Exception management B. Performance assessment C. Strategy management D. Performance control
Apply the three heuristics to the decision-making process.
What will be an ideal response?