What is the purpose of the learning curve calculator??
This learning curve calculator provides a quick and straightforward method of calculating the total cost or time it will take for a certain repetitive process in a manufacturing environment at a distinguished learning rate, the time at which the first unit will be produced, and the number of units. Differences in Predicted Values Cu…
What is the learning curve of a process??
In the manufacturing context, the experience curve or learning curve refers to the way in which the efficiency of processes increases over time as the units are produced. The learning rate or learning curve coefficient refers to the amount of money that is saved every time production is doubled.
What is the relationship between the learning curve percent and experience??
The closer the learning percent moves toward 100%, the less significant the effects of experience. Where there is a high percentage of manual labor in a process, the lower the learning curve percent.
What is the learning curve percent of manual labor??
If the process involves 75% machine labor and 25% hand labor, the learning percent is in the region of 90%. The closer the learning percent moves toward 100%, the less significant the effects of experience. Where there is a high percentage of manual labor in a process, the lower the learning curve percent.
