Applying the Learnign Curve

Applying the encyclopaedism Curve Theory Week Two University of phoenix OPS/GM 571 Instructor: Mark Fairbanks February 28, 2011 Assignment Two Learning Curve Theory The fundamental concept of the learning electric discharge 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 tell apart a task or social building terminate of measurement will decrease as the task or the task required to complete a whole is repeated. The unit time will decrease at a certain(a) rate. The rate of profit will decrease with increasing batch of units. The Federal Aviation Administration (FAA) defines the rate of learning as the constant percentage by which the cost of doubled quantities is decreased . The rivalry of the learning warp is calculated as 100 negative the rate of learning. A reduction of 20% in a rate of learning for a task would be cast as a task with an 80% learning veer 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). display panel/chart/ plot/ ikon is missing. Please transfer 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 drill by organizations to describe how the cost of labor hours decrease as the quantity of the items produced increases! . The equations appear to be similar, but because the dependent covariant 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 construct a beneficial essay, order it on our website: OrderEssay.net

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