Hostname: page-component-77c89778f8-gvh9x Total loading time: 0 Render date: 2024-07-17T00:55:43.519Z Has data issue: false hasContentIssue false

Alternative learning curves for cost estimating

Published online by Cambridge University Press:  04 July 2016

A. G. Acorn*
Affiliation:
Ministry of Defence

Extract

It has long been accepted within the aircraft industry and others, that the number of man-hours needed to produce successive units or batches of units decreases. This effect is called ‘learning’; and a plot of the man-hours required per unit set against the production number is called a ‘learning curve’. Similarly a plot of unit cost (at constant economic conditions) against production number is also called a learning curve, since cost is related to the number of man-hours required.

When the production costs of future aircraft are estimated, learning has to be simulated. This is generally done using curves chosen from a standard family of ‘learning curves’ generated by a simple parametric equation; a curve is chosen on the basis that it is the best-fit by the standard equation to the out-turn data from previous similar projects.

Type
Research Article
Copyright
Copyright © Royal Aeronautical Society 1981 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)