Page 49 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx
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Learning curves
Formula
For intermediate levels information about time and cost can be obtained
by using the formula:
b
Y x = a * x
Where
Y = average labour hours per unit a = number of labour hours for first unit
x = cumulative number of units
b = the learning coefficient = (Log learning curve rate/Log 2)
Illustrations and further practice
Now attempt example 3 ‘Calibri’ from Chapter 4.
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