In the Learning-Curve Coefficients table for 70 percent learning, the sixth unit has a unit time value of 0.398. Verify that table entry by use of the formula approach. Use five decimals in your work
What will be an ideal response?
The factor b for 70 percent learning is log .7 / log 2 = -.15490 / .30103 = -.51457. For the sixth unit, the formula approach results in 6-.51457 = .39773. This differs from the table entry only by rounding.
Business
You might also like to view...
From the lessee's viewpoint, an unguaranteed residual value is the same as no residual value in terms of computing the minimum lease payments.
a. true b. false
Business
The key advantage of using syndicated data is taking advantage of the experience of the research firm offering the service
Indicate whether the statement is true or false
Business