Learning curve

Learning curve is function that measures how labor-hours per unit decline as units of production increase because workers are learning and becoming better at their jobs.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Learning curve. Function that measures how labor-hours per unit decline as units of production increase because workers are learning and becoming better at their jobs.

According to the HRBoK Guide,

Learning curve. The rate at which a person acquires new skills and knowledge. The time it takes for a person to acquire new information and skills and to perform successfully.