Experience Curves? Predict Improvement | Within Walking Distance | WWD24
Channel: impi!
Date: 25/03/2023

The Experience Curve is a model that describes improvement over time. You can predict cost reduction over time. This is useful to reduce financial risk when introducing new products or commissioning new processes or production lines.

Reference:
Experience Curve Effect, Wikipedia: https://en.wikipedia.org/wiki/Experience_curve_effects