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- Dictionaryefficiency/ɪˈfɪʃnsi/
noun
- 1. the state or quality of being efficient: "greater energy efficiency" Similar Opposite
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4 days ago · Definition: The productivity of a production process can be defined as the efficiency with which goods and services are produced. Productivity is typically measured by comparing an aggregate output with a single input or comparing an aggregate input with an aggregate output, over time.
4 days ago · What is Project Efficiency? Project efficiency measures the project output compared to the team’s investment in project management resources. A project efficiency of 100% indicates that the project was completed fully within the planned workforce, cost, and schedule constraints.
1 day ago · Operational efficiency refers to the organization’s ability to deliver products or services to its customers in the most cost-effective manner while maintaining high-quality standards. This involves optimizing resources, such as time, labor, and materials, to achieve the best output with minimal waste.
3 days ago · 3.1 Technical Efficiency. In this study, technical efficiency (TE), which focuses only on economic aspect, is defined as having three inputs and one single output. The three inputs include: (1) the annualized investment cost of cacao planting, measured in Thai Baht; (2) the amount of fertilizer used, measured in kilograms; and (3) the amount of labor, measured in man-days.
2 days ago · The difference between being effective and efficient. Working efficiently is the ability to get work done quickly with ease, but if you’re blasting through a list of tasks that don’t contribute to meaningful results, being efficient is irrelevant. An efficient person can complete a long list of daily tasks, but being efficient usually ...
7 hours ago · Fractional Pareto efficiency is a strengthening of Pareto efficiency in the context of fair item allocation. An allocation of indivisible items is fractionally Pareto-efficient (fPE or fPO) if it is not Pareto-dominated even by an allocation in which some items are split between agents.
2 days ago · In general, sustainability is understood as a form of intergenerational ethics in which the environmental and economic actions taken by present persons do not diminish the opportunities of future persons to enjoy similar levels of wealth, utility, or welfare.
