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    Learning Curve Model: By: Alisab Nadaf

    Uploaded by

    Ali Nadaf
    The document discusses learning curves and experience curves. It defines a learning curve as showing the relationship between proficiency at a task and amount of experience, where proficiency typically increases with more experience. It outlines that learning curves can graphically represent this, are applied in different contexts, and are affected by various factors. It then defines an experience curve as observing that a firm's costs decrease the more experience it gains producing a product, and that gaining market share allows firms to develop cost advantages from their experience curve. The document notes experience curves can be used strategically, internally, and externally.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Learning Curve Model: By: Alisab Nadaf

    Uploaded by

    Ali Nadaf
    10 views10 pages
    The document discusses learning curves and experience curves. It defines a learning curve as showing the relationship between proficiency at a task and amount of experience, where proficiency typically increases with more experience. It outlines that learning curves can graphically represent this, are applied in different contexts, and are affected by various factors. It then defines an experience curve as observing that a firm's costs decrease the more experience it gains producing a product, and that gaining market share allows firms to develop cost advantages from their experience curve. The document notes experience curves can be used strategically, internally, and externally.

    Original Title

    Learning Curve

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    The document discusses learning curves and experience curves. It defines a learning curve as showing the relationship between proficiency at a task and amount of experience, where proficiency typically increases with more experience. It outlines that learning curves can graphically represent this, are applied in different contexts, and are affected by various factors. It then defines an experience curve as observing that a firm's costs decrease the more experience it gains producing a product, and that gaining market share allows firms to develop cost advantages from their experience curve. The document notes experience curves can be used strategically, internally, and externally.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    10 views10 pages

    Learning Curve Model: By: Alisab Nadaf

    Uploaded by

    Ali Nadaf
    The document discusses learning curves and experience curves. It defines a learning curve as showing the relationship between proficiency at a task and amount of experience, where proficiency typically increases with more experience. It outlines that learning curves can graphically represent this, are applied in different contexts, and are affected by various factors. It then defines an experience curve as observing that a firm's costs decrease the more experience it gains producing a product, and that gaining market share allows firms to develop cost advantages from their experience curve. The document notes experience curves can be used strategically, internally, and externally.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Learning Curve Model

    By : Alisab Nadaf
    BASIC ABOUT LEARNING CURVE
    Content of Presentation

    • Concept and phases of learning curve,

    • graphical representation,

    • learning curve applications

    • factors affecting learning curve,

    • experience curve.
    Concept and phases of learning curve

    A learning curve is a graphical representation of the relationship


    between how proficient someone is at a task and the amount
    of experience they have. Proficiency usually increases with increased
    experience that is to say, the more someone performs a task, the better
    they get at it.
    Graphical representation,
    Learning curve applications
    Factors affecting learning curve,
    Experience curve
    Experience curve.
    • In 1960 management consultants at Boston and Consulting group
    observed this concept
    • It states that the more the experience a firm has in producing in a
    particular product, the lower its cost.
    • It has an important strategic implication if a firm is able to gain market
    share over its competitors, it can develop a cost advantages
    Uses of Experience curve

    • There are three general areas for the application and use of

    experience curves, Strategic, internal, and external to the organization

    • Strategic uses include determining volume-cost changes estimating

    new product start-up costs, and pricing of new product

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