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-1–I-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-2–I-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 OM Explorer ... |
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