An efficient production situation is characterized by minimal waste, optimal use of resources, and high output, often achieved through streamlined processes and effective management. In contrast, an inefficient production situation may exhibit excessive waste, bottlenecks, and poor resource allocation, leading to lower output and increased costs. Efficiency is often measured by the ratio of inputs to outputs, while inefficiency reveals discrepancies in this balance. Overall, the key difference lies in how well resources are utilized to achieve production goals.
Efficiency is greatest when diminishing returns is at its most efficient point. In a possibilities frontier if I have two items, I want to make sure I am not over-producing one item or the other because then my opportunity costs are high and that is inefficient.
about Economies of large scale production
The problems of scarcity and allocation of resorce are addressed by production for use or need rather than production for profit A+
Value added to resources that already exist.
there are three stages of production mp>ap
Efficiency is greatest when diminishing returns is at its most efficient point. In a possibilities frontier if I have two items, I want to make sure I am not over-producing one item or the other because then my opportunity costs are high and that is inefficient.
fixed if for mass production while programmable is for batch production
ATP produced by noncyclic flow electrons in thylakoid membrane.
Describe a situation of superior customer service?"
Describe a situation where you had to prioritize personal matter over work?
a) Identify and describe FIVE characteristics of an efficient database
Describe a situation where you have had to deal with a difficult customer what did you do what was the outcome
There are millions of ways you could describe a situation. You could describe a situation based on facts or on feelings for example.
Describe a recent situation which demonstrates attribute you can contribute To ENRST & YOUNG
depressing
Resources given to the earth to supply production
in french, describe is known as 'ecrivez'.