The Experience Effect: The Key to Mass Production Cost Reduction & Efficiency
Host Renaud Anjoran and senior engineer Paul Adams delve into the intriguing world of the 'experience effect' - a phenomenon that offers a wealth of benefits in mass production through persistent refinement and accumulated knowledge.
Listen to the episode here: https://www.sofeast.com/knowledgebase...
SECTIONS
00:00 - Greetings and introduction.
00:51 - The example of Boeing in the 40s and 50s.
04:04 - The theory behind the experience effect.
12:10 - It's more than just individuals improving on the production line...the whole business must evolve.
20:00 - Pilot and starting costs are higher, but don't be tempted to skip ahead.
25:46 - The learning curve.
28:23 - How does the experience effect translate in commercial terms?
32:54 - Who does improvement work the right way?
35:10 - Conclusion.
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