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What is Accumulated Experience

Chapter 123
Encyclopedia of Business Analytics and Optimization
A measure which adds the amount of all the past experiences through the present. An accumulated experience is often represented by cumulative production volume, installed capacity, physical activities or social activities.
Published in Chapter:
Kinked Experience Curve
Yu Sang Chang (Gachon University, Korea & KDI School of Public Policy and Management, Korea) and Jinsoo Lee (KDI School of Public Policy and Management, Korea)
Copyright: © 2014 |Pages: 9
DOI: 10.4018/978-1-4666-5202-6.ch123
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