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What is a learning curve?
When learning anything, the amount 'Useful Stuff' should be roughly equal to the of time spent on a subject. If this were graphed it would look like a 45 deg line. The 'Learning Curve' could be...
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Explain What a learning curve theory is?
One of the methods of estimating cost, especially direct labour cost, is through the leaning curve theory.The theory assumes that at the early stage of production staff will use more average labour...
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Does a steep learning curve mean learning fast or slowly?
Actually, it has little to do with the learner and more to do with how much there is to be learned. The steeper the learning curve, the progressively more difficult the concepts to be mastered are. -...
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Advantage learning curve?
ADVANTAGES OF LEARNING CURVE
(a) It will assist in planning for personnel both in terms of number and the cost.
(b) It will assist in product pricing by providing better-cost estimates.
(c) ...