PM-formula-sheet-and-table.pdf
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Performance Management (PM) Formulae sheet Regression analysis y = a + bx a = yn bxnb =nxy xynx2(x)2r = nxy xy(nx2(x)2)(ny2 (y)2)Learning curve Y = axb Where Y = cumulative average time per unit to produce x units a = the time taken for the first unit of output x = the cumulative number of units produced b = the index of learning (log LR/log2) LR = the learning rate as a decimal Demand curve P = a bQ b = change in pricechange in quantitya = price when Q = 0 MR = a 2bQ
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