January 2018
Intermediate to advanced
480 pages
236h 9m
English
Although learning curves can be useful tools for operations planning, managers should keep several things in mind when using them. First, an estimate of the learning rate is necessary in order to use learning curves, and it may be difficult to get. Using industry averages can be risky because the type of work and competitive niches can differ from firm to firm. The learning rate depends on factors such as process complexity and the rate of capital additions. The simpler the process, the less pronounced the learning rate. A complex process offers more opportunity than does a simple process to improve work methods and material flows. Replacing direct labor hours with automation alters the ...
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