Find the average tune per unit required to produce the fust 34 units, iftfafi sl

Question

Find the average tune per unit required to produce the fust 34 units, iftfafi slope parameter of ttle leamuig rate is 88% and fte fast unit tafces 492 hours. A. 244.291 hours per unit B. 316.142 hours per unit C. 10,749 hours per unit D. 0.643 hours per unit
Find the average tune per unit required to produce the fust 34 units, iftfafi slope parameter of ttle leamuig rate is 88% and fte fast unit tafces 492 hours. A. 244.291 hours per unit B. 316.142 hours per unit C. 10,749 hours per unit D. 0.643 hours per unit
Find the average tune per unit required to produce the fust 34 units, iftfafi slope parameter of ttle leamuig rate is 88% and fte fast unit tafces 492 hours. A. 244.291 hours per unit B. 316.142 hours per unit C. 10,749 hours per unit D. 0.643 hours per unit

Explanation / Answer

This can be answered by the following formula

Y = aXb

Where

Y = the cumulative average time (or cost) per unit.
X = the cumulative number of units produced.
a = time (or cost) required to produce the first unit.
b = slope of the function when plotted on log-log paper.
   = log of the learning rate/log of 2.

Here X = 34 units

a = 492 hours

b = log of  0.88 / log of  2 = -0.05552 / 0.30103 = -0.18443

Y = 492 * (34)-0.18443

Y = 256.752

Which is roughly equals to the 244.291 hours per unit because of some approximation value may be differed.

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