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Ask Tutor – F5 question from multiple choice mock exam

Forums › ACCA Forums › General ACCA Forums › Ask Tutor – F5 question from multiple choice mock exam

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.
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    Posts
  • May 28, 2015 at 12:44 pm #249815
    Warren
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    The questions reads:

    A company is intending to test a new product. The first took 8 hours to make and the second took 6 hours. What is the learning rate? Answer is 87,5%

    Please advise how you work this out?

    I understand the y =ax to the power b ratio.

    May 28, 2015 at 3:05 pm #249859
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    Although I will answer you, in future you must ask in the F5 Ask the Tutor Forum and not in the General Forum (otherwise I will likely not notice it!).

    You really should watch the free lecture on learning curves – this is nothing to do with the formula, it is testing you on the doubling rule, and I cannot type out the whole lecture here.

    The average time per unit if they make 2 units is (8 + 6) / 2 = 7 hours.

    Therefore the learning rate is 7/8 = 87.5%

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