Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9780078024108
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 7.S, Problem 2DRQ
Summary Introduction

To determine: The circumstances under which a manager might prefer a learning rate approximate to 100 percent.

Introduction: Learning curve is referred as the cost curve, experience curve, efficiency curve or productivity curve. The leaving curve gives information about the cost, efficiency, productivity and performance of an organization.

In general learning curve gives the relationship between the cost and output generated for a period of time. Learning curve represents the repetitive tasks of an employer or a worker.

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Operations Management (McGraw-Hill Series in Operations and Decision Sciences)

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