What value of b corresponds to an 80 percent learning curve

Assignment Help Business Management

Reference no: EM131380367

1. Show that if the unit cost to produce the xth unit of a product is given by ax-b, then doubling the cumulative cost to produce a unit always drops by the same fraction.

2. If unit cost drops by 20 percent, when cumulative production doubles, then costs follow an 80 percent learning curve. What value of b corresponds to an 80 percent learning curve?

Reference no: EM131380367

Questions Cloud

How do issues in corrections correlate with the topic : You have been asked to participate in a local radio program to address the role of corrections in the community. The audience is specifically interested in discussing whether corrections should be focused on one or all of the following functions:R..

What influences the impact on expenditure : How do matching categorical grants compare with categorical lump sum grants? Which type of grant has the greatest impact on expenditure? What influences the impact on expenditure? Be sure to draw the appropriate graphs and give examples.

How much water is purchased by each demand group : A public water utility is comparing two separate pricing schemes: a two-tiered pricing scheme where the first 5,000 gallons cost $20 and all subsequent gallons cost $10 or a single price of $15 per gallon. Under scheme, how much water is purchased by..

How is average silhouette interpreted : When will a data value have a perfect silhouette value? What is this value?

What value of b corresponds to an 80 percent learning curve : If unit cost drops by 20 percent, when cumulative production doubles, then costs follow an 80 percent learning curve. What value of b corresponds to an 80 percent learning curve?

How do we interpret a silhouette value : What is a silhouette? What is its range? Is it a characteristic of a cluster, a variable, or a data value?

Most effective at increasing public service expenditure : Describe general and categorical grants. Which type of grant is likely to be most effective at increasing public service expenditure? Explain.

Estimate the cost of producing the next 1000 computers : Suppose previous models follow an 85 percent learning curve and it has produced 4,000 computers. Estimate the cost of producing the next 1,000 computers.

What is cluster separation and cluster cohesion : Why is SSE not necessarily a good measure of cluster quality?

User Account

All Pages