Efficiency
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Description
Efficiency is doing things right, or getting the most output from the least amount of inputs.
In capacity planning, efficiency is also referred as the actual output as a percent of effective capacity.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Efficiency
Learning Material
Covered in Topic(s)
| Business Processes Information and Information Systems |
| Capacity Planning |
| Introduction to Management and Organization |