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learning curve

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › learning curve

  • This topic has 5 replies, 3 voices, and was last updated 10 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • November 2, 2014 at 3:21 am #207163
    josy87
    Member
    • Topics: 173
    • Replies: 215
    • ☆☆☆

    Hi Sir

    The first batch of a new product took six hours to make and the total time for the first 16 units was 42.8 hours, at which point the learning effect came to an end.

    Calculate the rate of learning

    I got the equation 42.8 = 6*16*$4
    Sir how to use the calculator if \i want to work with log as its easier for me.6
    the equation for the answer is 42.8 = 16 x (6 x r4), why as it should start with 6?

    November 2, 2014 at 4:06 am #207167
    bevmadd
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    How do you estimate the learning rate and learning effect

    November 2, 2014 at 10:38 am #207215
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54707
    • ☆☆☆☆☆

    I don’t understand where you got your first equation from!

    The average time per unit for 16 units is 42.8 / 16 = 2.675

    The average time for 1 unit is 6 hours.
    If the learning rate is r, then the average time for 2 units is 6 x r

    Average time for 4 units is 6 x r^2

    Average time for 8 units is 6 x r^3

    Average time for 16 units is 6 x r^4

    so 6 x r^4 = 2.675

    r^4 = 2.675 / 6 = 0.44583

    so r = 0.817

    November 2, 2014 at 10:44 am #207217
    josy87
    Member
    • Topics: 173
    • Replies: 215
    • ☆☆☆

    Goodness thanks Sir. you make F5 almost easier than F6. Again THANKS

    November 2, 2014 at 11:21 am #207226
    josy87
    Member
    • Topics: 173
    • Replies: 215
    • ☆☆☆

    r^4 = 2.675 / 6 = 0.44583

    so r = 0.817
    which button on the calculator to use
    i used Ln 0.44583/ Ln 4 but its not working

    November 2, 2014 at 12:41 pm #207238
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54707
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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