operational efficiency

  

Definition

Formula: Actual output in a period x 100 ÷ Maximum rated output.

Use this term in a sentence

  • And that, over there, is the operational efficiency dial; as you can see, it most definitely does go to 11.

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  • The company looked at how well we were performing as compared to how they expected us to perform. They decided our operational efficiency was too low, and we needed to be more productive.

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  • Operational efficiency was not something that the management team had ever considered. They hired a new expert to review the manufacturing process for areas of opportunity.

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