f5 formula
DESCRIPTION
helping shortcutTRANSCRIPT
Y = axbDemand curveWhere Y = cumulative average time per unit to produce x unitsa = the time taken for the first unit of outputx = the cumulative number of units producedb = the index of learning (log LR/log2)LR = the learning rate as a decimalP = a bQb = change in pricechange in quantitya = price when Q = 0MR = a 2bQ