technical efficiency
Frequency: 7.411.0 per million words
the effectiveness with which a given set of inputs is used to produce an output
Categories:
Examples (10)
- The study analyzed the technical efficiency of various manufacturing firms.
- Improving the technical efficiency of small farms is crucial for food security.
- The new engine design boasts a significantly higher technical efficiency compared to its predecessor.
- Our main goal for this quarter is to increase the technical efficiency of our assembly line.
- A lack of technical efficiency leads to wasted resources and higher production costs.
- How can we measure the technical efficiency of our software development process?
- Economists often use data envelopment analysis to assess technical efficiency.
- By implementing these changes, the factory's technical efficiency improved by 15%.
- The consultant's report highlighted several areas to improve technical efficiency.
- Without the right equipment, achieving maximum technical efficiency is impossible.