Chapter 4 review and discussion question
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Written by:
Leland J
Date added:
September 10, 2016
Level:
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A
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Although after reading Learning Curves and the Cyclical Behavior of Manufacturing Industries, I would have to say that maybe the 110 percent might not be so bad after all, of course in the paper it states that this is relative to the type of market you are in. In the article it states that if the market is in a recession than you might not want to introduce new technologies to your workforce as you would want to do it more in a time of boom, “where high rate of production enables the firm to learn more quickly about the new technology...
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Although after reading Learning Curves and the Cyclical Behavior of Manufacturing Industries, I would have to say that maybe the 110 percent might not be so bad after all, of course in the paper it states that this is relative to the type of market you are in. In the article it states that if the market is in a recession than you might not want to introduce new technologies to your workforce as you would want to do it more in a time of boom, “where high rate of production enables the firm to learn more quickly about the new technology...
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