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Pliiz help with this multiple choices Note: its also possible to get all answers correct or 2/3 answers correct Answer according wth the order A.
Pliiz help with this multiple choices
Note: its also possible to get all answers correct or 2/3 answers correct
Answer according wth the order
A. The learning curve effect/phenomenon is also referred to as the experience curve or a manufacturing progress function. B. As people learn, the time required for them to do a given task decreases. C. One of the implications of the learning curve phenomenon is that production rates may increase over time without an increase in capacity. D. One of the implications of the learning curve is that the cost of manufacturing will A. It takes more than 15 hours to produce the first unit but less than 15 hours to produce the 100th unit. B. Figure 1 illustrates that the time required to produce a unit declines as more units are produced C. The time required to do a repetitive task usually decreases as more such tasks are done by a person or team. D. The phenomena illustrated by figure 1 is known as the "learning curve" effect. A. When the number of products manufactured at a factory increases by 10% a month compared with a previous month, then the fixed costs will definitely also increase proportionally. O B. Some cost estimating methods rely on historic cost data derived from previous projects. C. The time required to do a repetitive task usually decreases as more such tasks are done by a person or team. D. None of the other statements/options is A. Cost-volume-profit analysis is sometimes also called break-even analysis. B. If solutions to engineering problems are not cost- effective then it has little use to society in general. C. It is possible for production rates to increase over time due to the learning curve effect. D. None of the other statements/options is correct. A. Order-of- magnitude estimates are made without detailed engineering data. B. The time required to do a repetitive task usually decreases as more such tasks are done by a person or team. C. None of the other statements/options is correct. D. Some cost estimating methods rely on historic cost data derived from previous projects. A. Cost-volume-profit analysis is sometimes also called break-even analysis. OB. None of the other statements/options is correct. C. Increased automation at companies usually result in higher fixed costs in the cost structure of such companies. D. If solutions to engineering problems are not cost- effective then it has little use to society in general. A. None of the other statements/options is correct. O B. Perceived value pricing is practised when a fixed percentage is added to the cost of a product. Oc. It is possible for production rates to increase over time due to the learning curve effect D. Pareto's principle can be used in cost estimation. A. Detailed engineering data is used to make order-of- magnitude estimates. B. None of the other statements/options is correct. c. Economy of scale is considered in the end- products estimating technique. D. Activity-based costing is an accounting technique that allocates overhead costs in actual proportion to the overheads consumed by the production activity. GE Scanned with CamScanner CS scanned with CamscannerStep by Step Solution
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