Examlex
Quality characteristics included in the product's design must be balanced against production costs.
Reevaluation
The process of reviewing and assessing something again, often to see if any changes or adjustments need to be made.
Learning Curves
The premise that people and organizations get better at their tasks as the tasks are repeated; sometimes called experience curves.
Experience Curves
Graphical representations similar to learning curves, but focusing on how costs decline as a company gains experience in production over time.
Learning Curves
Demonstrates the rate of improvement in performing a task as a function of time or experience, emphasizing the decrease in labor time and cost with increased efficiency.
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