Production Efficiency definition

Production Efficiency means the annual site energy usage in a Covered MAI building divided by a standard manufacturing or agricultural production unit(s), such as kBtu per widgets produced or kBtu per pounds of flower produced.
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Production Efficiency means investments and actions that save electric energy from power consuming equipment and fixtures at an electric generating facility. The installation of electric power pro- duction equipment that increases the amount of power generated for the same energy input is not production efficiency in this chapter or con- servation under RCW 19.285.030(4) because no reduction in electric power consumption occurs.
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Examples of Production Efficiency in a sentence

  • Production efficiency depends on what takes place within the firm: combining factors of production in ways that maximize output; purchasing inputs in proportions to their relative prices; etc.

  • The problem comes in what the markup actually is, and whether or not that amount adequately covers operating expenses.The most successful wholesalers appear to achieve some differentiation from competition through non-price issues.

  • Production efficiency requires that the marginal product of labor z equals the wage w, which is the marginal rate of substitution between labor and consumption for households −uN/uC.

  • If the back is thinned towards the centre then the frequency of resonance no 2 is lowered more than that of resonance no 5.

  • Production efficiency may be distorted unless – despite of the OCP formally applying – producer prices converge at a significantly higher speed than consumer prices.

  • Production efficiency occurs when an economy is maximising the output attainable from its given set of resources.

  • Production efficiency improved significantly in the US due to the installation of dry-process kilns at the Maine and South Carolina plants.

  • Production efficiency Production efficiency (operated licenses) in the second quarter was 85%, down from 87% in the previous quarter.

  • Production efficiency point in the direction of high rates of vehicle utilization, while redundancy point towards having large fleets of vehicles available.

  • Production efficiency is the idea that any indirect tax should burden consumers rather than producers.

Related to Production Efficiency

  • Energy efficiency means the ratio of output of performance, service, goods or energy, to input of energy;

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Production means a method of obtaining goods including manufacturing, assembling, processing, raising, growing, breeding, mining, extracting, harvesting, fishing, trapping, gathering, collecting, hunting and capturing.

  • Plant means the machinery and apparatus intended to form or forming part of the Works.

  • Transformation means, any of the following with respect to a legal entity: a merger, transformation, (re-) registration, incorporation as a joint stock or limited liability company or partnership or other legal entity, bankruptcy, liquidation, insolvency, organization into a distinct form or other entity or any other event or process by which any of the following is altered with respect to that entity: its legal identity, form or nature, or the form or nature of its ownership or capital, or its seat, and where any such event or process or any part thereof took place at any time between 22 March 1989 and 13 June 2002.