Which industry will typically have a faster learning rate: a repetitive electronics manufacturer or a manufacturer of large complex products such as a shipbuilder?

Learning rateis the rate at which a firm or individual learns about cost minimization and better production volumes, i.e., the cost-effective thanks to generating the next production level. This efficiency results when an activity is repeated numerous times, and the skill of efficient production is gained from the repetition.The time factor is additionally vital here; with time, the training improves, and better results are gained from experience.

A repetitive electronics manufacturer will have a faster learning rate thanks to the manufacturing process's duration and task factors. Large complex products like ships take longer to manufacture than electronics, and the design of such complex products cannot be changed easily. In contrast, the electronics design will be varied as per requirement.