Contractor Accounting Policies and their Impact on Learning Curve Slopes.
NAVAL POSTGRADUATE SCHOOL MONTEREY CA DEPT OF ADMINISTRATIVE SCIENCES
Pagination or Media Count:
Learning curves are frequently used in the analysis of manufacturing operations to evaluate the degree of cost reduction expected or experienced over the life of a project. This paper addresses the potential effects of accounting policies on learning rates, when learning rates are determined by fitting learning curves to actual cost series. The broad conclusion is that the interpretation of learning rates experienced on projects should be sensitive to the potential effects of accounting policies. Techniques that incorporate the effect of accounting policies into the calculation or evaluation of learning rates are likely to lead to greater precision.
- Economics and Cost Analysis
- Administration and Management