Each time Mayberry Nursery hires a new employee, it must wait for some period of time before
Question:
Each time Mayberry Nursery hires a new employee, it must wait for some period of time before the employee can meet production standards. Management is unsure of the learning curve in its operations but it knows the first job by a new employee averages 30 hours and the second job averages 24 hours. Assume all jobs to be equal in size.
What is the learning-curve percentage, assuming the incremental unit-time method?
A) 80%
B) 85%
C) 90%
D) 100%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Question Posted: