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XX is aware that there is a learning effect for the production of one of its new products, but is unsure about the degree

 

XX is aware that there is a learning effect for the production of one of its new products, but is unsure about the degree of learning. The following data relate to this product. Time taken to produce the first unit Production to date Cumulative time taken to date What is the percentage learning effect? 28 direct labour hours 15 units 104 direct labour hours

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