GMS 401 Study Guide - Midterm Guide: Dorset Culture, Experience Curve Effects, Shared Experience
18 May 2017
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Document Summary
The premise that people and organizations get better at their tasks as the tasks are repeated. Time per repetition decreases as the number of repetitions increases. Human performance improves when activities are done repetitively. Factors affecting learning: actual worker learning. Improvements in planning, scheduling, motivation, and controlling done by managers. Internal: labour forecasting, scheduling, establishing costs and budgets: external: supply-chain negotiations, strategic: evaluation of company and industry performance, including costs and pricing. Arithmetic approach: simplest approach, uses the production doubling equation, t x l. Coefficient approach: uses a table to perform the nb calculation, tn= t1c, c = learning curve coefficient found in table 6. 3. Learning curves vary for each company therefore estimates should be developed for each organization. Curves are often based on time estimated therefore they must be accurate and should be reevaluated when appropriate. Do not always apply to indirect labour or material.
