Learning Curve of Ford Model T

Price of Ford Model T 1909 - 1923 (in constant 1958 US$) versus cumulative units produced (learning or experience curve). On average, for each doubling of cumulative production, prices dropped by 15 percent. Source: W.J. Abernathy and K.Wayne. Limits of the learning curve. Harvard Business Review, September - October 1974.


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Last edited: 20 February 2012

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