Learning curves have been documented in many manufacturing and service sectors, ranging from the manufacturing of airplanes, appliances, shipbuilding, refined petroleum products, to the operation of power plants. They have also been used to forecast the needs for personnel, machinery, and raw materials, and for scheduling production, determining the price at which to sell output, and even for evaluating suppliers’ price quotations. For example, in its early days as a computer- chip producer, Instruments adopted an aggressive price strategy based on the learning curve. Believing that the learning curve in chip production was steep, it kept unit prices low in order to increase its cumulative total output rapidly and thereby benefit from learning by doing. The strategy was successful, and Texas Instruments becomes one of the world’s major players in this market.