Examlex
What is meant by the phrase "brain adaptability is a double-edged sword"?
70% Learning Curve
A graphical representation indicating that each time the total quantity of units produced doubles, the time or cost per unit reduces to 70% of its previous value, reflecting increased efficiency.
Production Volume
The quantity of goods or products that are manufactured or processed in a certain period.
Learning Curves
The graphical representation of how an individual's or organization's performance improves over time as a result of experience or practice.
Learning Curve Analysis
Examination of how the time to perform a task decreases with increasing repetitions, due to workers gaining efficiency.
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