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A learning curve shows that with each successive repetition of any action, there will require less learning on the part of the doer. Upon completion of the first unit a given time was required, while the second unit will require less time as the doer has become more efficient and requires less to learn. With each subsequent unit completed the time will continue to decrease. The rate of learning is connected to the learning curve as a function of one less the percent rate. For 80% rate of learning the slope of the learning curve will be 1 less 80% or 1 less 0.8 = 0.2 or 20%. With each subsequent unit produced it would only require 20% of the previous unit's time. If the first unit took 100 hours, the next would take only 20, the third would require only 4 hours and the fifth only .8 hours or 48 minutes. (8/10*60min./hr=48minutes). Because the feasibility of completing subsequent units at a continual reduced rate is not a reality, there is a limit to the learning curve, at an optimal completion time.

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Related Questions

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