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Definition: an Experience Curve is the phenomenon of a relationship between experience and efficiency as well as between efficiency gains and investments in the effort due to various learning factors. |
More on manufacturing: 5 Whys, Changeover, Contract Manufacturing, Cradle to Cradle, Five S, more on manufacturing... MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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