Definitions from Wiktionary (experience effect)
▸ noun: (business) The idea that production costs decrease by a constant percentage whenever production doubles, attributed to improvements in performance as a result of frequent repetition.
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▸ noun: (business) The idea that production costs decrease by a constant percentage whenever production doubles, attributed to improvements in performance as a result of frequent repetition.
Similar:
economies of scale,
network effect,
production externality,
quality fade,
acceleration principle,
kaizen,
productivity,
diseconomies of scale,
small firm effect,
output,
more...
▸ Words similar to experience effect
▸ Usage examples for experience effect
▸ Idioms related to experience effect
▸ Wikipedia articles (New!)
▸ Words that often appear near experience effect
▸ Rhymes of experience effect
▸ Invented words related to experience effect