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Good day:
Please assist with this calculation.
The first phase of production has now been completed for the new car seat. The first unit actually took 12.5 hours to make and the total time for the first eight units was 34.3 hours, at which point the learning effect came to an end. Chair Co are planning on adjusting the price to reflect the actual time it took to complete the eighth unit.
You asked 2 days ago how to calculate the learning rate and I answered you. I also suggested that you watched my free lectures on learning curves.
It seems you have not bothered watching otherwise you would know how to do this. You cannot expect me to type out all my lectures here!!
You take the total time for the first 8 units (34.3 hours) and subtract the total time taken for the first 7 units (using the formula provided on the formula sheet).
The difference is the time taken for the 8th unit.
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