Learning Rate Calculator

Formula

The formula to calculate the Learning Rate (LR) is:

\[ LR = \frac{(CP - IP)}{IP} \times 100 \]

Where:

\( LR \) is the Learning Rate (%).
\( IP \) is the initial production (units/hr).
\( CP \) is the current production (units/hr).

What is Learning Rate?

The Learning Rate measures the improvement in production efficiency over time. It is useful in various fields such as manufacturing, project management, and process optimization to track progress and identify areas for improvement.

Example Calculation

Consider an example where:

Initial Production (IP): 50 units/hr
Current Production (CP): 75 units/hr

Using the formula to calculate the Learning Rate:

\[ LR = \frac{(75 - 50)}{50} \times 100 = 50 \% \]

This means that the learning rate for this example is 50%.