learning curve

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  • noun

Words related to learning curve

a graph showing the rate of learning (especially a graph showing the amount recalled as a function of the number of attempts to recall)

References in periodicals archive ?
Managing intangible assets with one-off methods and tribal knowledge drains shareholder value in three ways: overstaffing, no experience curve, and unnecessary capital investment.
The inexorable logic of the experience curve applies to countries just as it applies to companies.
The goal is seeing future price parity on this experience curve for the power sector via levelized cost of energy that accounts for capital and variable costs common to the electricity industry.
The experience curve, and ongoing innovation in PV design and fabrication, means that prices for PV modules are rapidly dropping while efficiency and reliability are improving.
The experience curve strategy is another competitor-oriented technique.
These firms can therefore reduce their particular experience curve compared to the general experience curve for the industry.
They take advantage of the outsourcer's experience curve in designing custom cross-selling campaigns.
If so, it is entirely possible that the often predicted "OK Corral" scenarios that have yet to materialize may simply lie a bit further out on the experience curve.
The experience curve theory: Classic experience-curve theory argues that companies become more efficient as they grow older and wiser.
For example, we gave them information about the experience curve (which encourages firms to expand output in order to lower prices).
It also enabled Intel to discover that by testing 10,000 units carefully it could obtain as much useful information for cost reduction as it could from the experience curve of producing a million.
The experience curve is a broader version of the learning curve.
The Boston Consulting Group (BCG) historically emphasized three concepts; the experience curve, the product life cycle, and portfolio balance [Henderson, 1984; Boston Consulting Group, 1985].
During the product production process, an experience curve model is created that helps marketers determine critical tactics in business strategy development.