Efficiency
From NKM WIKIDOC
Revision as of 09:20, 11 February 2015 by DavidBeraha (Talk | contribs)
Definition
Efficiency is The comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.). It is an important factor in determination of productivity (BusinessDictionary, http://www.businessdictionary.com/definition/efficiency.html)