Definition[]
A learning curve (also called an experience curve) is a
“ | [g]raphical depiction of declines in manufacturing costs with time or with accumulated production volume. While often attributed to learning by factory personnel and engineers, the curves — which tend to show rapid cost decreases for semiconductor manufacturing, leading to competitive strategies based on advance pricing — also depend on many other factors, including product design changes.[1] | ” |
References[]
- ↑ International Competitiveness in Electronics, Glossary, at 507.