Learning Curve Analysis Exercise Craig Brown is a buyer at Excon, a manufacturer of large industrial pumps.

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overall average improvement rate=

applicable learning curve=

Assignment:

1.      Given the above data, calculate the average labour per unit given the cumulative total hours provided.

2.      Calculate the appropriate learning rate and the overall average improvement rate for this data set.

3.      Are gains from learning realized early in production or at a later point?

4.      A learning curve applies to improvements in the direct labour portion of a process. How does the learning curve differ from the experience curve?

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