About this document
Understanding Efficiency vs. Productivity by Anjali Khanna is a document available to read on EtoBox.
The document discusses the differences between efficiency and productivity. Efficiency is a ratio of output to expected output, while productivity takes efficiency and also factors in equipment utilization and defects. Productivity compares the combined efficiency of workers and equipment. It is calculated as a ratio where the denominator can be any significant input like labor, materials, power. Productivity compares overall performance between similar operations or industries.
- Author
- Anjali Khanna
- Language
- EN