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Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it has at the lowest cost possible. It is achieved in production by taking all of the production's waste product and dividing the waste product by the overhead costs. A sum of zero is the optimal efficiency.
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Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Define row crop farming?
Row crop farming is the production of plants is fields versus greenhouse production.
How could one define operational efficiency?
Operational efficiency can be defined as the ratio between the input to run a business operation and the output gained from the business. When improving operation efficiency, the output to input ratio improves.
Define economic system?
is the system of production,distribution and consumption of goods and services of an economy
How i define Efficiency of human nature?
The Matrix.
What is a service system design matrix?
The service system design matrix define the relationship between sales opportunity and production efficiency measured against the amount of human interactive .
Define equivalent evaporation and boiler efficiency?
difine
What does the suffix - poiesis define as?
Production
Describe the various notations used to define the effiency of An algorithm?
notations used to define the efficiency of An algorithm
What is General characteristics of optimal operating system?
What exactly do you mean by 'optimal operating system'? If you don't define the term there is no way to answer the question.
Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
How do you define structural efficiency score?
If you want to find the structural efficiency the equation for structural efficiency is: maxmum mass the structure can withstand divided by the structure mass.
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Define production management?
production management concerns itself with the conversion of inputes into output, using physical resoruces, so asto provide the desired utility/utilities-of from, plce, possession or state or a combination thereof-to the customer while meeting the other organizational objectives of effectiveness, efficiency and adaptability.
What is meant by forcasting in management?
define forcasting in production management
What is forcasting meant in management?
define forcasting in production management
