Difference between revisions of "Learning curve"
(Created page with "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....") |
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | 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. | :[[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. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[Learning curve]]. The rate at which a person acquires new skills and knowledge. The time it takes for a person to acquire new information and skills and to perform successfully. | ||
| − | [[Category: Accounting]][[Category:Articles]] | + | [[Category: Accounting]][[Category:Articles]][[Category: Management]] |
Latest revision as of 20:08, 20 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.
According to the HRBoK Guide,
- Learning curve. The rate at which a person acquires new skills and knowledge. The time it takes for a person to acquire new information and skills and to perform successfully.
