Chapter 7.S, Problem 7DRQ

Summary Introduction

To name: The areas where learning curves are useful.

Introduction: Learning curve is referred as the cost curve, experience curve, efficiency curve or productivity curve. The leaving curve gives information about the cost, efficiency, productivity and performance of an organization.

In general learning curve gives the relationship between the cost and output generated for a period of time. Learning curve represents the repetitive tasks of an employer or a worker.