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CAF-5 · Chapter 4 · Question 9 of 10

In the learning curve formula Y=ax^b, what does the variable "x" represent?

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Reveal answer & explanation

Correct answer: D) The cumulative number of units produced

Explanation

In the algebraic formula Y=ax^b , 'Y' is cumulative average time, 'a' is time for the first unit, 'b' is the learning curve index, and 'x' is the cumulative number of units produced.

All 10 questions in Chapter 4Labour Costing MCQs with answers

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