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.

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

# 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
## [1] 0.8947908