Efficiency
Performance
Efficiency
The relationship between useful output and the resources or standard input required to produce it.
Examples
- 01The efficiency of the assembly team is 92 %: they produced 920 units in the time standard says 1,000 should take.
- 02The weekly review compares efficiency with target and the prior four weeks for each team.
- 03A project to remove waiting time uses efficiency as its outcome measure, and the gain must last three months.