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Question 3 June 2015 Bokco

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Question 3 June 2015 Bokco

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • November 28, 2015 at 7:52 pm #286017
    gabbi08
    Member
    • Topics: 135
    • Replies: 181
    • ☆☆☆

    Dear Sir,

    When answering the question in object I calculate the time to produce the 1000th unit and then multiplied with the actual production 460 units. As per answer it was wrong.

    Could you please kindly explain why?
    Thanks

    Gabriella

    November 29, 2015 at 7:43 am #286058
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    Because they are learning.

    By the time they are producing 1,000 units, they will be producing each unit faster then when they are producing the first 460 units.

    The time to produce 460 units is 460 x the average time per unit when producing 460.
    The average time per unit to produce 460 you get using the formula.

    The free lectures on learning curves will help you.

    November 29, 2015 at 8:42 am #286078
    gabbi08
    Member
    • Topics: 135
    • Replies: 181
    • ☆☆☆

    Thanks

    Gabriella

    November 29, 2015 at 11:48 am #286114
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    You are welcome 🙂

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