The learning rate for an operation is o n is points) How long will take to...

Question

Question

business Operations-Management

Answer 1

Answer #1

We know,

Tn = T1*n^(ln(l)/ln(2)) [ Tn = Time taken to complete nth job, l = learning rate]

So, time taken to produce eighth unit => 100*8^(ln(0.8)/ln(2)) = 51.2 hours

time taken to produce 10th unit => 100*10^(ln(0.8)/ln(2)) = 47.65098749 hours

Answer 2

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