__learning curve phenomenon______
refers to the systematic relationship between the amount of experience in
performing a task and the time required to perform it.
Learning phenomenon affects costs related to
but not costs related to
The learning curve is usually expressed as a
. If the second unit produced takes 80% of the time
of the first, then the relationship is an 80% learning curve. If the time to produce the second unit takes 70% of the time
of the first, then the relationship is a 70% learning curve.
Engineers have found the following mathematical relationship for the learning phenomenon:
Learning Curve Demo:
We will build Exhibit 5.7 in the text. This is also demonstrated in the learning curve video posted on I-Learn.