learningCurve (version 1.1.2)

lc_rate_est: Learning Rate Estimate

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

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

# NOT RUN {
# 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
# }