(19B) Predicting Labor Hours using Learning Rates

11012018, 11:03 PM
(This post was last modified: 11272018 01:27 PM by SlideRule.)
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(19B) Predicting Labor Hours using Learning Rates
From the Working with your Business Consultant Professional Calculator series, Manufacturing Consultant booklet, Predicting Labor Hours using Learning Rates;
formula LHRS = U1HRS×UNIT#^(LOG(LRN%÷100)÷LOG(2)) where LHRS = time to produce the unit of interest U1HRS = time to produce first unit UNIT = number of units of interest LRN% = learning rate aa a percent "Learning curves are useful in analyzing new production processes to determine how productivity will improve over time. As the produc tion team becomes proficient, labor hours per unit decrease, leading to lower costs." SlideRule 

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