Learning curves equation, Learning curves equation

Learning curves equation

Assignment Help Strategic Management

Reference no: EM1329896

In the following unit learning curve equation:

Y = 34*(X)^(-0.184425)

a) Y is the cost of the first unit.

b) The slope equals 1 - 0.184425 = .8156 or 81.56%

c) Y represents the cost of the 34th unit.

d) The slope equals 88%

Which one of the above answers is correct?

Reference no: EM1329896

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