Learning curve

Learning curve,

Definition of Learning curve:

  1. A learning curve is a concept that graphically depicts the relationship between the cost and output over a defined period of time, normally to represent the repetitive task of an employee or worker. The learning curve was first described by psychologist Hermann Ebbinghaus in 1885 and is used as a way to measure production efficiency and to forecast costs.

  2. In the visual representation of a learning curve, a steeper slope indicates initial learning translates into higher cost savings, and subsequent learnings result in increasingly slower, more difficult cost savings.

  3. Graphical representation of the common sense principle that more one does something the better one gets at it. Learning curve shows the rate of improvement in performing a task as a function of time, or the rate of change in average cost (in hours or dollars) as a function of cumulative output. Used in resource requirements planning, learning curves are also employed in setting incentive rate schemes based on the statistical findings that as the cumulative output is doubled, the average unit cost declines by a constant percentage. For example, an 80 percent learning curve means the per unit average cumulative cost (in hours or dollars) falls to 80 percent of the previous per unit average cumulative cost as the cumulative output doubles. Learning curves are, however, not universally applicable but show most promise in situations where non-mechanized, repetitive assembly operations predominate and which largely use direct labor. Also called improvement curve, progress curve.

  4. The rate of a persons progress in gaining experience or new skills.

How to use Learning curve in a sentence?

  1. The latest software packages have a steep learning curve.
  2. The steeper the slope of the learning curve, the higher the cost savings per unit of output.
  3. The learning curve is a visual representation of how long it takes to acquire new skills or knowledge.
  4. In business, the slope of the learning curve represents the rate in which learning new skills translates into cost savings for a company.

Meaning of Learning curve & Learning curve Definition

Learning Curve,

What Does Learning Curve Mean?

  • Learning Curve means: The learning curve is a concept that represents the relationship between cost and production over a period of time, usually to represent the repetitive tasks of an employee or worker. The learning curve region was first described by psychologist Hermann Ebbos in 1885 and is used to measure productivity and cost estimates.

    • The learning curve is a visual representation of the time it takes to acquire a new skill or knowledge.
    • In business, learning represents the speed of curves in which learning new skills saves costs for the company.
    • The faster the learning curve, the higher the cost savings per unit of production.

  • A graph showing how quickly a person learns a new skill. A steep learning curve means that a person learns faster and a flat learning curve means that a person is slower and takes longer to learn.

Literal Meanings of Learning Curve

Learning:

Meanings of Learning:
  1. Acquisition of knowledge or skills through experience, study or teaching.

Sentences of Learning
  1. These children have difficulty learning

Synonyms of Learning

academic work, teaching, studying, training, schooling, education, tuition, study, instruction

Curve:

Meanings of Curve:
  1. Form or shape curves.

  2. A line or contour that slowly deviates from a straight line in part or along its entire length.

Sentences of Curve
  1. Your face makes you smile

  2. The parapet sinks into a thick curve

Synonyms of Curve

arch, coil, curve, turn, spiral, bend, loop, twist, wind, curl, snake, meander, bow, undulate

Learning Curve,

How Do You Define Learning Curve?

  1. The learning curve is a concept that graphically represents the relationship between cost and production over a period of time, usually representing the repetitive tasks of an employee or worker. The learning curve was first described by psychologist Hermann Ebanghas in 1885 and was used to measure auction performance and calculate costs.

    • The learning curve is a visual representation of the time it takes to acquire new skills or knowledge.
    • In business, the learning curve represents the speed at which learning a new skill leads to cost savings for the company.
    • The faster the learning curve, the higher the unit cost savings of production.

  2. Meaning of Learning Curve: A graph showing how quickly a person learns a new skill. A steep learning curve means you learn faster and a steady learning curve means you are slower and take longer to learn.

Literal Meanings of Learning Curve

Learning:

Meanings of Learning:
  1. Acquisition of knowledge or skills through study, experience or education.

  2. Gain or acquire knowledge or skills in (something) through study, experience or education.

  3. To teach (someone)

Sentences of Learning
  1. These children have learning difficulties.

  2. He started learning French.

  3. "It will teach you," he said with a laugh.

Synonyms of Learning

read up on, become competent in, get the point of, apply oneself to, grasp, have lessons in, know backwards, investigation, become proficient in, become expert in, pursue, get clued up about, swotting, work at, pick up, acquire a knowledge of, take in, get the hang of, acquire skill in, research

Curve:

Meanings of Curve:
  1. A line or contour that gradually emerges from a straight line, partially or along its entire length.

  2. Create or create curves.

Sentences of Curve
  1. Your face turns into a smile

Synonyms of Curve

concave, recurved, serpentine, domed, hooked, undulating, rounded, aquiline, twisted, bowed, flexural, curvy, twisty, wavy, curvilinear, meandering, convex, bulge, vaulted, embowed