LEARNING CURVE THEORY

Learning curve theory

Learning curve theory

There is a famous saying that “practice makes a man perfect” and it matches with the Learning curve theory which is used by businesses these days. The learning curve theory is used by the individuals and businesses for making price strategies, capital investments and operating costs decisions. The current process followed at the Pizza Store has created some problems that are the long hours of wait times, less production, and difficulty in expanding the operations. Therefore, the performance of the Pizza store has been assessed and there is a need of applying Learning ...