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What is Experience Curve

Advanced Models and Tools for Effective Decision Making Under Uncertainty and Risk Contexts
Assessment of improvement in efficiency or productivity through learning as an activity is repeated.
Published in Chapter:
An Analysis of the Relationship Between Maintenance Engineering and Knowledge Management
Francisco Javier Cárcel-Carrasco (Universitat Politècnica de València, Spain), Elisa Peñalvo-López (Universitat Politècnica de València, Spain), Maria Carmen Carnero (University of Castilla-La Mancha, Spain), and Vicente López-Mateu (Universitat Politècnica de València, Spain)
DOI: 10.4018/978-1-7998-3246-1.ch002
Abstract
Knowledge is vital in everyday life, but from the viewpoint of the companies, it is a powerful intangible capital that can check the efficiency and existence of the organizations themselves. However, in industrial production environments, maintenance and exploitation activities are little studied in reference to the mechanisms of transmission of knowledge that are generated based on the difficulty of their capture, because it is fundamentally based on tacit knowledge (intrinsic fond professions operating personnel) acquired by operators for years from their work experiences in the industrial plant. These highly qualified professionals, accustomed to solve technical problems and maintain the required state of production with a high load of stress, traditionally function as islands of knowledge, and the company loses an important asset when one of them leaves. This chapter approaches the transcendence of the tacit knowledge among staff and marks the conditions for transmission as a basis for the learning of other partners of the organization.
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