ARTT BUSINESS SCHOOL LEARNING CURVE CONCEPTS FOR ICAP MAC

CONCEPTS PLUS THEORY

More units of a same product you produce, the lesser time you need to make each additional unit
(decreasing labour time and cost) due to learning.

In the second diagram, if we wish to calculate time for the 100th unit ( where learning stops ! ) we will :
1. Calculate time for 100 units
2. Calculate time for 99 units
3. Subtract 2 from 1 as calculated above.

Taha Popatia
ARTT Business School
 ARTT BUSINESS SCHOOL LEARNING CURVE CONCEPTS FOR ICAP MAC

EXAMPLE 1

EXAMPLE 2

EXAMPLE 3

The 60th batch will take = 16,458 16,295.8 hours = 162.2 hours

Taha Popatia
ARTT Business School
 ARTT BUSINESS SCHOOL LEARNING CURVE CONCEPTS FOR ICAP MAC

EXAMPLE 4

EXAMPLE 5

Required
Calculate the labour cost for the bid

Taha Popatia
ARTT Business School