As shown in the chapter, the effect of learning in a given system eventually flattens out over time. At that point in the life of a system, learning still exists, though its effect continues to diminish. Beyond that point is it impossible to significantly reduce the time to produce a unit? What would it take to do that?
Answer to relevant QuestionsThe learning curve phenomenon has been shown in practice to be widely applicable. Once a company has established a learning rate for a process, they can use it to predict future system performance. Would there be any reason ...Company Z is just starting to make a brand new product they have made before. They have completed two units so far. The first unit took 12 hours to complete and the next unit took 11 hours. Based only on this information, ...Honda Motor Company has discovered a problem in the exhaust system of one of its automobile lines and has voluntarily agreed to make the necessary modifications to conform with government safety requirements. Standard ...What does the product-process matrix tell us? How should the kitchen of a Chinese restaurant be structured?The product–process matrix is a convenient way of characterizing the relationship be-tween product volumes (one-of-a-kind to continuous) and the processing system employed by a firm at employed by a firm at a employed by a ...
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