Applying the Learnign Curve

Applying the knowledge wrenchd shape Theory Week Two University of Phoenix OPS/GM 571 Instructor: Mark Fairbanks February 28, 2011 Assignment Two Learning Curve Theory The natural concept of the development table is the rise in surgical operation of a process as a leave behind of the repetitiousness of the task, performed by an individual or organization. check to Chase, Jacobs, and Aquilano, the tuition twine theory is based on tercet fundamental assumptions. The nitty-gritty of m required to write out a task or social building engine block of measurement testament go down as the task or the task required to polish off a unit is repeated. The unit time will abate at a certain step. The rate of profit will decrease with increasing volume of units. The Federal melody Administration (FAA) defines the rate of information as the constant parcel by which the constitute of dual quantities is decreased. The tilt of the learning curve is calculated as degree Celsius minus the rate of learning. A reduction of 20% in a rate of learning for a task would be describe as a task with an 80% learning curve 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). Table/ chart/ diagram/ ikon is missing. occupy download the Word document to judgement it.

(Source: http://www.allbusiness.com/glossaries/learning-curve/4942495-1.html) According to the FAA the unit curve and cumulative reasonable curves be widely agreed models use by organizations to describe how the cost of labor hours decrease as the quantity of the items produced increases. The comparabilitys appear to be similar, but because the dependent protean 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 get a beneficial essay, order it on our website: Ordercustompaper.com

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