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Operations Management: Processes and Supply Chains, 12th Edition
book

Operations Management: Processes and Supply Chains, 12th Edition

by Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
January 2018
Intermediate to advanced content levelIntermediate to advanced
480 pages
236h 9m
English
Pearson
Content preview from Operations Management: Processes and Supply Chains, 12th Edition

Learning Goals in Review

Learning Goal

Guidelines for Review

MyLab Operations Management Resources

1 Explain the concept of a learning curve and how volume is related to unit costs.

See “The Learning Curve Concept,” pp. I-1I-2, to understand the relationship between experience and productivity and how volume, or the number of repetitions, plays a role.

2 Develop a learning curve using the logarithmic model.

We show in the section “Developing Learning Curves,” pp. I-2I-4, how the time for the nth unit can be calculated directly from the formula (using your calculator) and how Table I.1 can be used to calculate the cumulative average time per unit. Study Example I.1 to master this concept.

OM Explorer Tutor: I.1: Learning Curves

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Publisher Resources

ISBN: 9780134741062