Accession Number : ADP001231
Title : Learning Curves: A Review,
Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS
Personal Author(s) : Kankey,Roland D.
Report Date : SEP 1982
Pagination or Media Count : 8
Abstract : When forecasting or estimating costs, analysts are always looking for logical relationships and patterns. These relationships and patterns help us better understand and estimate costs. One of the most widely applied cases where patterns are used involve production. These cases call for use of learning curves. Learning curve theory states that under certain conditions and due to several reasons, there are patterns in direct costs in a production situation. Several patterns, including the unit, cumulative average, and Cochran's S, have been identified and used in cost analysis. This article discusses the conditions which are necessary for a learning curve pattern to be expected, the reasons for the pattern, and some of the specific patterns that have been noted.
Descriptors : *Learning curves, *Price index, *Cost analysis, *Logistics, Statistical analysis, Contract proposals, Cost effectiveness, Cost estimates, Management planning and control, Production, Graphs, Matrix theory, Patterns, Savings, Management information systems, Conferencing(Communications), Symposia
Distribution Statement : APPROVED FOR PUBLIC RELEASE