Quantitative analysis in BudgetingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Quantitative analysis in BudgetingThis 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)AuthorPosts May 11, 2016 at 11:52 am #314582 max1harryMemberTopics: 4Replies: 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 MoffatKeymasterTopics: 57Replies: 54705☆☆☆☆☆The average time per batch for 16 batches is 5731/16 = 358.175 hoursTherefore, using the doubling rule, if r is the learning rate (and since 16 means doubling four times) then: 500 x r^4 = 358.175Therefore r = fourth root of (358.175/500) = 0.92 (or 92%) May 14, 2016 at 2:34 pm #315065 max1harryMemberTopics: 4Replies: 2☆Thank you May 14, 2016 at 4:04 pm #315079 John MoffatKeymasterTopics: 57Replies: 54705☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In