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Hi,
could you please explain the answer to the following question.
Learning curve…..first job takes 8 hours and the second takes 6 hours. What is the learning rate.
Answer 87.5%
I thought it was 75%
Thanking you in advance
87.5% is correct.
The average time per unit for the first two is (8+6)/2 = 7 hours
So the learning rate is 7/8 = 87.5%
You might find the free lecture on this to be useful – I actually go through an almost identical example.
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