Question 1

Section A

MarineBuild is constructing luxury yachts. The assembly of the yachts follows an 80% learning curve. The time taken to assemble the first yacht was 2,000 hours.

The learning curve formula is Y = ax^b, where for an 80% curve, b = -0.3219.

Calculate the total time required to assemble the FIRST TWO yachts. (Enter the number only).

Accepted Answer

Use the tabular method or formula. For 2 units, the average time per unit is 2,000 * 0.80. Total time is Average Time * 2.

Question 2

What mistakes do candidates make on this ACCA question?

Accepted Answer

Calculating the time for the 2nd unit only (3,200 - 2,000 = 1,200) instead of the total time for the first two units.

How to approach this question

Full Answer

Common mistakes

Practice the full ACCA PM — Performance Management Practice Exam 1

More questions from this exam