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 It takes 60 hours to make the first unit of a product and a 95% learning curve applies. How long will it take to make the second and third units? 

Calculate the EV of revenue using the following information. 




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【论述题】

Calculate the cumulative average time per batch for the first 26 batches of Product A (give your answer to two d.p). 

 The total time for the first 16 batches of Product A was 2,500 hours. What was the actual learning rate (closest to the nearest %)? 

 What is the expected time to produce the 9th unit of Product B (give your answer to the nearest hour)? 

Which THREE of the following conditions are necessary for learning curve theory to apply? 

A

 A relatively new product. 

B

 A manual, rather than mechanised production process. 

C

 A relatively complex production process. 

D

 Production in batches of equal size. 

E

 Constant labour wage rates. 

Which of the following statements is FALSE in relation to learning curve theory? 

A

The learning curve theory states that the average time per unit produced is assumed to decease by a constant percentage every time total output doubles 

B

 When a certain level of units have been produced the learning process comes to an end and any extra units produced tend to take the same amount of time 

C

 The formula for the learning curve is Y = aX b where Y is the cumulative average time per unit to produce X units, X is the cumulative number of units, a is the time taken for the first unit of output, and b is the index of learning.