Applying the Learnign Curve

Applying the reading Curve Theory Week Two University of capital of Arizona OPS/GM 571 Instructor: Mark Fairbanks February 28, 2011 Assignment Two Learning Curve Theory The fundamental concept of the learning pass on is the rise in performance of a process as a result of the repetitiveness of the task, performed by an individual or organization. check to Chase, Jacobs, and Aquilano, the learning diverge theory is based on tercet fundamental assumptions. The amount of time required to finish a task or social building gormandize of measurement will decrease as the task or the task required to complete a building block is repeated. The unit of measurement time will decrease at a true rate. The rate of profit will decrease with increasing garishness of units. The Federal Aviation Administration (FAA) defines the rate of learning as the constant percentage by which the cost of doubled quantitie s is decreased. The deliver of the learning foreshorten is calculated as 100 negative the rate of learning. A reduction of 20% in a rate of learning for a task would be account as a task with an 80% learning warp as shown in the graph with the x-axis representing the number of units produced and y-axis representing the time per unit produced (Business Definition, 2011). put over/chart/ plot/ ikon is missing. Please download the Word document to view it.

(Source: http://www.allbusiness.com/glossaries/learning-curve/4942495-1.html) According to the FAA the unit curve and cumulative average curves are widely agreed models lend on eself by organizations to describe how the c! ost of labor hours decrease as the quantity of the items produced increases. The equations appear to be similar, but because the dependent multivariate quantity is different the curves predictions result in different slopes. In the unit curve equation Y represents the cost of a unity unit, where Y represents the average cost of different quantities (X) of units. Table/chart/diagram/image is missing. Please download... If you want to defecate a beneficial essay, order it on our website: BestEssayCheap.com

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