A club would like to know what the learning rate is for a certain welded assembly. They conducted a study on a total of four assembles. However, the data on samples 2 and 3 were corrupted. The records for sample 1 and sample 4 were 6 hours and 4.86 hours respectively. Determine the learning rate for this assembly using (a) doubling method and (b) formula method.
a)
Doubling Method -
Time Required for nth unit = T*L^x
Where,
T = Time Required for First unit
L = learning Rate
x = Number of time T will be doubled
Here, x will be equal to 2 as there will be twice doubling, 1 to 2 to 4
Time Required for 4th Sample = 6*(L)^2
4.86 = 6*L^2
L^2 = (4.86/6)
L = (4.86/6)^(1/2)
L = 0.9
Learning Rate = 90%
b)
Tn = T1*N^b
Where
T1 = Time required for first unit
N = Unit Number
b = ln(learning rate)/ln(2)
4.86 = 6*4^b
4^b = (4.86/6)
4^b = 0.81
b = ln(0.81)/ln(4)
b = -0.152
ln(Learning Rate)/ln(2) = -0.152
ln(Learning Rate) = -0.152*ln(2)
ln(Learning Rate) = -0.105358
Learning rate = e^-0.105358
Learning Rate = 0.90 or 90%
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