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learning curve

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

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 19, 2019 at 11:11 am #505725
    reem1589
    Participant
    • Topics: 61
    • Replies: 17
    • ☆☆

    could you please explain how to solve the following question.
    the time taken to produce each of the first four batches of new product are as follows:
    batch time taken

    1 100 minutes
    2 70 minutes
    3 59 minutes
    4 55 minutes

    what is the learning rate closet to?
    A. 85.0%
    B.84.3%
    C.78.6%
    D. 70.0%

    the answer to the following question is B.

    February 19, 2019 at 3:37 pm #505762
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    But I explain how to deal with this in my free lectures!!!!

    The total time to produce 4 batches is 284 minutes, and therefore the average time per batch when they produce 4 batches is 284/4 = 71 minutes.

    Making 4 batches involves doubling twice, and therefore 71 = 100 x r^2 (where r is the learning rate).

    Therefore r = square root of (71/100) = 0.843 (or 84.3%)

  • Author
    Posts
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