Operations and Supply Chain Management
Operations and Supply Chain Management
14th Edition
ISBN: 9780078024023
Author: F. Robert Jacobs
Publisher: MCG
Question
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Chapter 6, Problem 1DQ
Summary Introduction

To determine: The way the learning curves can be used for the given businesses.

Introduction: It is the rate to measure the performance of the person in the new skills and in gaining experiences.

Expert Solution & Answer
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Explanation of Solution

Determine the way the learning curves can be used for the given businesses:

The given business specialists are marketers, financial analysts, accountants, computer programmers, and personnel managers.

  • Accountants can use the learning curve to estimate the costs.
  • Marketers can use the learning curve to set selling prices.
  • Financial analysts can use the learning curve to perform the breakeven analysis to make a decision for the purpose of investment.
  • Personnel managers can use the learning curve to estimate the number of workers required.
  • Computer programmers can use the learning curve to estimate the times to write the programs.

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