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learning curve questions

Forums › ACCA Forums › ACCA PM Performance Management Forums › learning curve questions

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by Christine.
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  • December 31, 2013 at 10:28 pm #153641
    mohamed
    Member
    • Topics: 11
    • Replies: 2
    • ☆

    learning curve is it only for hrs cause i saw some examples with costs ? cant understand that

    January 2, 2014 at 9:06 am #153661
    Christine
    Member
    • Topics: 1
    • Replies: 42
    • ☆

    you can either have ‘a’ as the hours for the first unit – then the formula gives the average hours for any number of units. You then multiply by the cost per hour to get the average cost for any number of units.

    alternatively you can have ‘a’ as the cost for the first unit – then the formula gives the average cost for any number of units.

    It doesn’t make any difference because the cost per hour will be the same anyway.

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