The Effect of Prior Experience on Learning Curve Parameters
Learning Curves and Progress Functions are well established management tools used to predict productivity in the start-up of new product lines, and to describe the performance of individual employees. As the authors, amongst others, have shown, these tools have been successfully applied to a wide range of tasks in highly varied industries. It is particularly useful, especially for inter-firm comparisons to compress the Learning Curves and Progress Functions into simple mathematical models in which the parameters may be determined by least squares error curve fitting or other convenient techniques. When on-line prediction is required, a digital computer algorithm is used to estimate the model parameters. It is essential that the parameter estimation technique used is robust in the presence of large amounts of scatter in the raw data.