Question: Don't do it unless you are 100% sure or get many dislikes. Don't do it unless you are 100% sure or 10 dislike Organisations have

Don't do it unless you are 100% sure or get many dislikes. Don't do it unless you are 100% sure or get many

Don't do it unless you are 100% sure or 10 dislike Organisations have often used learning curves to predict the improvement in productivity that can occur as experience is gained in a process. Thus learning curves can give an organisation a method of measuring continuous improvement activities. If a firm can estimate the rate at which an operation time will decrease then it can predict the impact on cost and increase in effective capacity over time. Thus if the learning curve is at a rate of 85%, the second unit takes 85% of the time of the first unit, the fourth unit takes 85% of the second unit and the eighth unit takes 85% of the fourth and so on. What will be the learning curve for 80%

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