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Hi Everyone,
One more question about learning curve calulations on a scientific calculator,
Question:
The first batch of 50 units will take 750 labor hours to produce, the total time for the first 16 batches of units was 8,500 hours. What was the actual learning rate closest to the nearest %.Answer:
8500 = 16 x 750 r4
8500/(16 x 750) = r4
r= 0.92Now when I type the second line in the calculator I dont get the answer stated, is there a special button I am supposed to use?
Very thankful for any help as always!
Hi Cassie,
Okay….whatever i am writing below do that in your calculator.
Press 4 then
Press shift then
press this button ^ then
Do exactly the following
( ( 8500 ÷ ( 16 x 750) ) =Let me know if u were able to compute the answer now on your calculator.
Hope this helps
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