162
Portfolio beta coefficient:
•
Canadian Mortgages
• r = annual interest rate expressed as a decimal.
•
monthly factor
Miscellaneous
Learning Curve for Manufacturing Cost
• C
n
= Cost of the nth unit.
• C
1
= Cost of the first unit.
• n = number of units.
• r = learning factor.
• k = ln r / ln 2
• C
n
= C
1
n
k
C
ij
= the average cost of the ith through jth unit.
•
• This formula is only approximate and may give appreciable error at small i.
β
P
i
S
i
β
i
T
---------------
T
n
∑
=
1
r
2
---+
1
6
---
1–
100×=
C
ij
C
1
j1–
----------
j
k1+
i
k1+
–
k1+
-----------------------------
=