EFFICIENCY EFFICIENCY IS THE RATIO OF THE ACTUAL OUTPUT TO THE STANDADARD OUTOUT EXPECTED. HOW WELL THE RESOURCES ARE UTILISED TO ACCOMPLISH THE RESULT IS REFERRED TO AS…
Productivity What is productivity How is it measured Itâs importance Partial & total Productivity What is Productivity Productivity is the relationship between output…
* ECON203 Principles of Macroeconomics Week 6 Topic: ECONOMIC GROWTH * Lesson Objectives To learn about After studying these topics you should be able to: Define and calculate…
Production and Productivity Eng. K.C Wickramasinghe BSc(Hon’s), AMIESL Dept. of Mechanical & Manufacturing Engineering, Faculty of Engineering, University of Ruhuna.…