lc_rate_est: Learning Rate Estimate

Description Usage Arguments Examples

Description

Computes the learning rate based on total time (cost) to produce the first n units, time (cost) required for the first unit and total units produced.

Usage

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lc_rate_est(T, t, n)

Arguments

T

total time (or cost) required to produce the first n units

t

time (or cost) required to produce the first unit

n

total n units produced

Examples

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# Estimate the learning curve rate for 250 units when the time
# for unit one took 80 hours and the total time for all 250
# units took 8,250 hours.

lc_rate_est(T = 8250, t = 80, n = 250)
## [1] 0.8947908

Auburngrads/learningCurve documentation built on May 5, 2019, 8:13 a.m.