ON THE USE OF CATASTROPHE THEORY IN LEARNING CURVE ANALYSIS
Abstract
Recent rapid economic developments in East Asia are evidenced by the establishment of many new factories and enterprises in the region. New production facilities almost always go through a period of “learning” in their production activities. Therefore, the study of learning curve effects in production cost projections is especially important for enterprises in this region that have experienced tremendous business and operational growth. This paper proposes a new way to model the learning curve effects that has not previously been discussed in cost accounting literature.
Citation
Chan, H. and Jensen, H. (1994), "ON THE USE OF CATASTROPHE THEORY IN LEARNING CURVE ANALYSIS", Asian Review of Accounting, Vol. 2 No. 1, pp. 63-73. https://doi.org/10.1108/eb060646
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited