(in efficiency)
31Efficiency Variance — The difference between the theoretical amount of inputs required to produce a unit of output and the actual amount of inputs used. In manufacturing, efficiency variance can be used to analyze the effectiveness with respect to labor, materials,… …
32efficiency — ef|fi|cien|cy [ ı fıʃnsi ] noun ** 1. ) uncount the ability to work well and produce good results by using the available time, money, supplies, etc. in the most effective way: the search for lower costs and greater efficiency The inspectors were… …
33efficiency — There are conflicting notions of efficiency in everyday work life. Technical efficiency is relatively straightforward, and describes the relation of various energy inputs into equipment, in relation to output (though it may be difficult or… …
34efficiency — technical efficiency 1) A measure of the ability of an organization to produce the maximum output of acceptable quality with the minimum of time, effort, and other inputs. One company is said to be more efficient than another if it can produce… …
35efficiency — [[t]ɪfɪ̱ʃ(ə)nsi[/t]] 1) N UNCOUNT Efficiency is the quality of being able to do a task successfully, without wasting time or energy. There are many ways to increase agricultural efficiency in the poorer areas of the world. ...energy efficiency.… …
36efficiency — A measure of the ability of an organization to produce and distribute its product. In accounting terms it is quantified by a comparison of the standard hours allowed for a given level of production and the actual hours taken. This represents the… …
37efficiency — /ɪ fɪʃ(ə)nsi/ noun the ability to work well or to produce the right result or the right work quickly ● a business efficiency exhibition ● The bus system is run with a high degree of efficiency. ● We called in an efficiency expert to report on… …
38efficiency — Apartment A*part ment, n. [F. appartement; cf. It. appartamento, fr. appartare to separate, set apart; all fr. L. ad + pars, partis, part. See {Apart}.] 1. A room in a building; a division in a house, separated from others by partitions. Fielding …
39efficiency — efficience ef*fi cience ([e^]f*f[i^]sh ens), efficiency ef*fi cien*cy ([e^]f*f[i^]sh en*s[y^]), n. [L. efficientia.] 1. The quality of being efficient or producing an effect or effects; efficient power; effectual agency. [1913 Webster] The manner …
40efficiency apartment — Apartment A*part ment, n. [F. appartement; cf. It. appartamento, fr. appartare to separate, set apart; all fr. L. ad + pars, partis, part. See {Apart}.] 1. A room in a building; a division in a house, separated from others by partitions. Fielding …
