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.