Different Learning Approaches:
On the basis of their applicability, learning curve is classified into two parts, that means individual learning and industrial learning.
Individual learning illustrates an improvement in individual's performance in generating any units or products. It is accompanied by gaining of efficiency from their experience. Industrial learning follows the punchline "practice makes a man perfect". Although, the factors such as initial starting level, rate of learning made an important impact on the individual performance. The impact of these factors on the performance of any particular is explained by Figure. In the figure, the learning curves of different employees are compared on the basis of primary starting level and learning rate. The employee-A is having a higher begining level, but the rate of learning was good. While, an employee-B possesses a low decreasing learning rate but having a lower starting level. And at last, the employee-C possesses both a lower initial beginning level and very high slope of decreasing learning rate. As, both factors are significant; obviously employee-C's performance shall be preferred as a first choice. After that it has been analyzed that greater starting level can be made up by further decrement in the learning curve, but if the learning rate is not with the state of the art then it cannot be improved. On the basis of above analysis, employee-A shall be preferred as a second choice.
Figure: Comparison of Performance of Different Employees in an Industry
Alternatively industrial learning is influenced by individual learning as well as the changes in equipments, production style, and administration, etc. Industrial learning is very significant as a competition perspective and thus, all of the firms have adopted this in order to withstand in the customer market. In industrial learning, knowledge places a significant factor to find out the performance of the industry. As good and adequate knowledge leads towards the improvement, inadequate knowledge may depreciate the performance and therefore leads to infeasibility.