You are a project engineer assigned to calculate the cost of a repetitive activity in your project.
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You are a project engineer assigned to calculate the cost of a repetitive activity in your project. A total of 25 iterations of this activity is required for the project. The activity takes 3.5 hours at its steady state and the learning rate is 70%. Calculate the initial output time required for the first unit produced, using the learning curve formula given in this chapter. Assume that the steady state is reached at n = 25.
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Cost And Value Management In Projects
ISBN: 9781119933540
2nd Edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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