A Generalized Learning Curve Adapted for Purchasing and Cost Reduction Negotiations
This paper presents the use and validation of a generalized learning curve in the economies of scale purchasing experience. The model, based on Wright’s curve, incorporates two extra degrees of freedom to accommodate initial purchases of multiple (instead of single) units and a finite asymptotic pri...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2013-01-01
|
| Series: | Advances in Operations Research |
| Online Access: | http://dx.doi.org/10.1155/2013/584762 |