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- This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

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- May 24, 2021 at 12:05 pm #621595
There is a learning curve of 75% for the first 15 jobs. For components PP, new designer has completed his first job in 5 hours. His paid is $12 per hour.

**Learning rate 75% Learning factor -0.415

What the labour cost for sixth job?Ans given is 17.28 but I dont know how the calculations works. Can Mr Moffat briefly explain to me. Fully appreciate.

May 24, 2021 at 2:36 pm #621627You need to use the formula provided to calculate the average time per job when they do six jobs.

Multiplying this by 6 gives you the total time taken to do 6 jobs.Then you use the formula to calculate the average time per job when they do five jobs.

Multiplying this by 5 gives you the total time taken to do 5 jobs.To find out how long the 6th job took, we subtract the total time to do 5 jobs from the total time to do 6 jobs.

I do explain all of this, with examples, in my free lectures on learning curves. The lectures are a complete free course for Paper PM and cover everything needed to be able to pass the exam well.

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