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revision mock exam help

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › revision mock exam help

  • 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)
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    Posts
  • November 20, 2014 at 5:18 pm #211678
    fahad
    Member
    • Topics: 24
    • Replies: 113
    • ☆☆

    Q. A company is intending to produce product and they have made following test product first took 8 hours , second 6hours what is the learning rate ?
    Q first product takes 25 hours , learning rate is 75 % additional 7 units will take ?
    the second question is pretty straightforward but i still could arrive at correct answer 🙁

    November 20, 2014 at 5:52 pm #211694
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    If the second question is straight forward, then why are you asking it here??? 🙂

    With regard to the first question, the average time per unit if we make two units is (8+6)/2 = 7 hours.

    So the learning rate is 7/8 = 87.5%

    November 21, 2014 at 8:21 am #211803
    fahad
    Member
    • Topics: 24
    • Replies: 113
    • ☆☆

    I meant I couldn’t arrive at answer of second question ( typing error sorry )

    November 21, 2014 at 1:12 pm #211907
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    I cannot go through the whole of the answer to the second question (you will have to watch the free lecture on learning curves where I go through an almost identical question – it very standard).

    If you make an additional 7 then in total there will be 8 units.

    So you need to get the total time for 8 units (8 x the average time, and we can get the average time by doubling) and then subtract the time for the first unit.

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