(19B) Predicting Labor Hours using Learning Rates - Printable Version +- HP Forums ( https://www.hpmuseum.org/forum)+-- Forum: HP Software Libraries ( /forum-10.html)+--- Forum: General Software Library ( /forum-13.html)+--- Thread: (19B) Predicting Labor Hours using Learning Rates ( /thread-11719.html) |

(19B) Predicting Labor Hours using Learning Rates - SlideRule - 11-01-2018 11:03 PM
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 |