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mock exam question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › mock exam question

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 27, 2014 at 9:31 pm #213952
    paulineann1969
    Participant
    • Topics: 2
    • Replies: 1
    • ☆

    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

    November 28, 2014 at 11:10 am #214039
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54833
    • ☆☆☆☆☆

    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.

    November 29, 2014 at 9:10 am #214247
    paulineann1969
    Participant
    • Topics: 2
    • Replies: 1
    • ☆

    Thank you John,

    Forgot about the average time for the job

    November 29, 2014 at 1:06 pm #214366
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54833
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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