Engineering Economics - Learning Curve Arithmetic Graph

Engineering Economics
Chapter 11 - Estimating Costs
Section 11.6 - Learning Curve
Slide 11-34 - Learning Curve Arithmetic Graph

Textbook:
Blank, L., & Tarquin, A. (2008). Basics of engineering economy. Boston: McGraw-Hill Higher-Education.
(ISBN: 9780073401294)

CORRECTION on 2:04.
If the completion time reduction is 20%, then the learning rate will be "80%" (not 20%).

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