Managing Learning Resources for Consecutive Product Generations

• Main Authors: DEMEESTER, Lieven, QI, Mei
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2005
• Subjects: Learning; learning resources; learning curve; resource allocation; Business; Operations and Supply Chain Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1060; https://ink.library.smu.edu.sg/context/lkcsb_research/article/2059/viewcontent/ManagingLearningResourcesConsecutiveProduct_2005.pdf
• Institution: Singapore Management University

In this paper, we study how a firm should allocate its learning resources when it is concurrently producing two consecutive generations of one product. We define learning resources as scarce firm-specific resources that a firm allocates towards the improvement of the cost, quality or timeliness of i...