Learning Curve Notes.docx - Learning Curve Introduction...

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Learning Curve Introduction: The __learning curve phenomenon______ refers to the systematic relationship between the amount of experience in performing a task and the time required to perform it. Learning phenomenon affects costs related to _labor____ but not costs related to ___materials______ . The learning curve is usually expressed as a ____percentage______ . If the second unit produced takes 80% of the time of the first, then the relationship is an 80% learning curve. If the time to produce the second unit takes 70% of the time of the first, then the relationship is a 70% learning curve. Engineers have found the following mathematical relationship for the learning phenomenon: where Learning Curve Demo: We will build Exhibit 5.7 in the text. This is also demonstrated in the learning curve video posted on I-Learn.
Learning Curve Group Practice: Krylon Company has purchased 800 pressure gauges annually from CO 2 , Inc. The price of these gauges has increased

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