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the learning rate for producing the last product should only be used for (pricing contract , standard setting) if the learning rate ceases at that point?
What you have written in your first post is correct.
With regard to your second post, the time taken for the new contract (and therefore the cost) is the difference between the time for the total number of units they will have made less the time for the number of units before doing the new contract. I show this in my free lectures on learning curves.
can you please tell me the key points to note when interpreting
1 material mix and yield variance
2 planning and operational variance
3 sales mix and sales quantity varianceI have watched your lectures on variance but still I see it difficult.
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