Cumulative average-time learning model
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Cumulative average-time learning model is learning curve model in which the cumulative average time per unit declines by a constant percentage each time the cumulative quantity of units produced doubles.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Cumulative average-time learning model. Learning curve model in which the cumulative average time per unit declines by a constant percentage each time the cumulative quantity of units produced doubles.
