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Full-Text Articles in Business
A Learning Curve Model Accounting For The Flattening Effect In Production Cycles, Evan R. Boone, John J. Elshaw, Clay M. Koschnick, Jonathan D. Ritschel, Adedeji B. Badiru
A Learning Curve Model Accounting For The Flattening Effect In Production Cycles, Evan R. Boone, John J. Elshaw, Clay M. Koschnick, Jonathan D. Ritschel, Adedeji B. Badiru
Faculty Publications
We investigate production cost estimates to identify and model modifications to a prescribed learning curve. Our new model examines the learning rate as a decreasing function over time as opposed to a constant rate that is frequently used. The purpose of this research is to determine whether a new learning curve model could be implemented to reduce the error in cost estimates for production processes. A new model was created that mathematically allows for a “flattening effect,” which typically occurs later in the production process. This model was then compared to Wright’s learning curve, which is a popular method used …
Agile Software Development: Creating A Cost Of Delay Framework For Air Force Software Factories, J. Goljan, Jonathan D. Ritschel, Scott Drylie, Edward D. White
Agile Software Development: Creating A Cost Of Delay Framework For Air Force Software Factories, J. Goljan, Jonathan D. Ritschel, Scott Drylie, Edward D. White
Faculty Publications
The Air Force software development environment is experiencing a paradigm shift. The 2019 Defense Innovation Board concluded that speed and cycle time must become the most important software metrics if the US military is to maintain its advantage over adversaries.1 This article proposes utilizing a cost-of-delay (CoD) framework to prioritize projects toward optimizing readiness. Cost-of-delay is defined as the economic impact resulting from a delaying product delivery or, said another way, opportunity cost. In principle, CoD assesses the negative impacts resulting from changes to the priority of a project.