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Quantitative analysis in Budgeting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Quantitative analysis in Budgeting

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • May 11, 2016 at 11:52 am #314582
    max1harry
    Member
    • Topics: 4
    • Replies: 2
    • ☆

    The time for the first batch of 50units was 500 hours .The total time for the first 16 batches of 50units was 5731 hours ?
    What is the learning rate ?

    Just gone through your lecture I’m missing some sort of logic here?

    May 11, 2016 at 4:08 pm #314616
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    The average time per batch for 16 batches is 5731/16 = 358.175 hours

    Therefore, using the doubling rule, if r is the learning rate (and since 16 means doubling four times) then: 500 x r^4 = 358.175

    Therefore r = fourth root of (358.175/500) = 0.92 (or 92%)

    May 14, 2016 at 2:34 pm #315065
    max1harry
    Member
    • Topics: 4
    • Replies: 2
    • ☆

    Thank you

    May 14, 2016 at 4:04 pm #315079
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    You are welcome 🙂

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