New Product Production Costs and Learning Theory

摘要

One of the most uncertain elements in budget planning is estimating production costs of items that have heretofore only been produced in prototype configurations and quantities. This paper examines the use of learning theory to predict production costs of products that are in transition from development to commercial application. The tradiational learning concept is examined as well as modifications to account for the transition and the long-term cost trends. (ERA citation 05:015888)