efficiency in production

  • 41Economic efficiency — is used to refer to a number of related concepts. A system can be called economically efficient if: * No one can be made better off without making someone else worse off. * More output cannot be obtained without increasing the amount of inputs. * …

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  • 42Eco-efficiency — OverviewThe term eco efficiency was coined by the World Business Council for Sustainable Development (WBCSD) in its 1992 publication Changing Course . It is based on the concept of creating more goods and services while using fewer resources and… …

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  • 43X-efficiency — In economics, x efficiency is the effectiveness with which a given set of inputs are used to produce outputs. If a firm is producing the maximum output it can, given the resources it employs, such as men and machinery, and the best technology… …

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  • 44mass production — the production or manufacture of goods in large quantities, esp. by machinery. [1915 20] * * * Application of the principles of specialization, division of labour, and standardization of parts to the manufacturing of goods on a large scale.… …

    Universalium

  • 45Algorithmic efficiency — In computer science, efficiency is used to describe properties of an algorithm relating to how much of various types of resources it consumes. Algorithmic efficiency can be thought of as analogous to engineering productivity for a repeating or… …

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  • 46Scheduling (production processes) — Scheduling is an important tool for manufacturing and engineering, where it can have a major impact on the productivity of a process. In manufacturing, the purpose of scheduling is to minimize the production time and costs, by telling a… …

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  • 47industrial efficiency — ➔ efficiency * * * industrial efficiency UK US noun [U] PRODUCTION ► the ability of a manufacturer to produce a product at as low a cost as possible and still make a profit: »From the viewpoint of industrial efficiency, larger units of production …

    Financial and business terms

  • 48Engine efficiency — of thermal engines is the relationship between the total energy contained in the fuel, and the amount of energy used to perform useful work. There are two classifications of thermal engines (1) Internal combustion (gasoline, diesel and gas… …

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  • 49Water efficiency — can be defined as *1) the accomplishment of a function, task, process, or result with the minimal amount of water feasible; *2) an indicator of the relationship between the amount of water required for a particular purpose and the amount of water …

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  • 50Fonction de production CES — La fonction de production CES (Constant Elasticity of Substitution) est une forme particulière de fonction de production néoclassique introduite par Arrow, Chenery, Minhas et Solow en 1961[1].. Dans cette approche, la technologie de production… …

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