Unit Learning Curve with History
Unit Curve Theory states as the total volume of units produced doubles, the cost per unit decreases by some constant percentage. An important note for using learning curves when their application is appropriate. Below are some types of scenarios that learning curve application is applicable:
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A high proportion of manual labor
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Uninterrupted production
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Production of complex items
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No major technological change
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Continuous pressure to improve
ProcBox has calculated a learning curve based on the historical data provided. Please take note of the R-Squared correlation coefficient of the data. This value shows how well the data fits within the calculated curve. The closer the R-Squared value is to 1, the more the data follows the calculated curve.
Please note, the Anderlohr Method function can approximate the effect of any break in production.