Efficiency: Difference between revisions
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{{Learning concept | {{Learning concept | ||
|Description=Efficiency is doing things right, or getting the most output from the least amount of inputs. | |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. | |||
|Wikipedia reference=http://en.wikipedia.org/wiki/Efficiency | |Wikipedia reference=http://en.wikipedia.org/wiki/Efficiency | ||
}} | }} | ||
Latest revision as of 19:41, 26 December 2013
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 |