Data for a new product is given below. The average labor cost including overhead expenses is about $20 per hour. Time for the very first unit = 9 hours. Time for the second unit = 8.462 hours. Determine the learning curve rate.

Data for a new product is given below. The average labor cost including overhead expenses is about $20 per hour. Time for the very first unit = 9 hours. Time for the second unit = 8.462 hours. Determine the learning curve rate.

Data for a new product is given below. The average labor cost including overhead expenses is about $20 per hour. Time for the very first unit = 9 hours. Time for the second unit = 8.462 hours. Determine the learning curve rate.