ACT 530-01, Fall 2020 Learning Curve Analysis How It Works? 80% Learning Curve (for example) Let's say it takes 10 direct labor hours to produce 1 unit of product, and let's assume 80% learning curve. Under 80% learning curve, when the production is doubled, which means another unit (total 2 units) is produced. The average time per unit in manufacturing the two units is 80% of the first unit (80% of 10 hours per unit = 8 hours per unit); therefore, total time to manufacture the two units is 8 hours per unit times 2 total units, which equals 16 hours total to manufacture the two units. But, remember that the first unit took 10 direct labor hours. (It doesn't change because it already took the time.) Instead, when another unit is produced (production is doubled), it gets efficient as experience is gained. So, the time it took to manufacture the second unit is just 6 hours (It takes total 16 direct labor hours for two units, the first unit takes 10 direct labor hours, leaving 6 hours for the second unit.) This is how learning curve works. Use this learning curve analysis for Assignment 6. Assignment 8 (16 Points) Name: (first name, middle name, last name) Learning Curve Analysis Fill out the table below. Units Produced Cumulative Learning Curve 80% Leming Curve 90% Lewing Curve for Batch Units Produced Average Time per Unit Average Time per Unt Average Time per Unit 1 200 200 200 1 2 1402802 2 98 (382 4 B 68.6 (548 8 48.02 768.32) The first column '# Units Produced for Batch shows that, after the first batch (I unit), every production run doubles the number of units produced so far. . So, the second column '# Cumulative Units Produced' shows that cumulative number of units produced so far gets doubled every production run. . For each cell, fill in two numbers; one is average time per unit, and the other is total time to manufacture the cumulative number of units. Put the second number in parentheses