Difference between revisions of "Learning curve"
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Revision as of 14:54, 10 July 2020
Learning curve is function that measures how labor-hours per unit decline as units of production increase because workers are learning and becoming better at their jobs.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Learning curve. Function that measures how labor-hours per unit decline as units of production increase because workers are learning and becoming better at their jobs.
