Dear Sir,
Could you please explain what to do with Labour Cost and also i am totally confused what to do with 95% learning curve.
I don't have any clue how to deal with this. How to start ? Kindly explain.
Thank you Sir.
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Pricing (BPP Example # 30)
10y ago#1You need to calculate how long the 100th unit takes to make buy calculating the total time to make 100 units and subtracting the total time to make 99 units.
I work through very similar examples in our free lectures on learning curves, and so I do suggest that you watch it.
(Our free lectures are a complete course for Paper F5 and cover everything needed to be able to pass the exam well)
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