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 provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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