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Consider the data in table below which shows the time required to produce a particular item....

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General Management

Consider the data in table below which shows the time requiredto produce a particular item. Using that data, calculate thelearning rate associated with this product.

Units

Labor Hrs

5

155

9

147

13

137

17

97

25

72

Answer & Explanation Solved by verified expert
3.8 Ratings (662 Votes)
Learning equation is Tn T1rlnnln2 where Tn represents the time required to produce nth item and r is the learning rate ln represents natural logarithm functon T5 T1rln5ln2    See Answer
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