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Forums › ACCA Forums › ACCA PM Performance Management Forums › learning curve questions
learning curve is it only for hrs cause i saw some examples with costs ? cant understand that
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.