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Dear Mr Moffat
I have a problem with below question; could you please help?
A company intend to produce a new product.
They have produced to test units, the first takes 18 hours to make whereas the second 10 hours.
What is the learning rate?The answer provided is 78%.
With my calculation I got 56%
10/18* 100 55.55 (to the nearest hour)
Thanks and Regards
Gabriella
The first unit takes 18 hours.
The second unit takes 10 hours. So the average time per unit when making 2 units is (10 + 18) / 2 = 14 hours.
So the learning rate is 14/18 = 78%
(Have you watched the free lecture? Because I go through a similar example in the lecture 🙂 )
Dear Sir,
I missed to calculate the average time before calculating the learning curve.
ThanksGabriella
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