The experience curve is the rate of decrease in per unit costs for each doubling of production volume.The BCG has found this rate to be between 30 percent and 60 percent.

Name: The experience curve is the rate of decrease in per unit costs for each doubling of production volume.The BCG has found this rate to be between 30 percent and 60 percent.
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Question

Quizplus · Accepted Answer

The BCG experience curve typically shows a cost reduction of 20% to 30% with each doubling of cumulative production, not 30% to 60%.

The Experience Curve Is the Rate of Decrease in Per