Productive efficiency definition

Productive efficiency means that the costs of production are minimized.
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Productive efficiency means that products and services are produced at the lowest possible cost, given the available resources. As mentioned above, the prospect of no longer having the common costs of the termination product covered will increase the focus on cost control and cost efficiency, as providers will have to have these costs covered by their own end users. In addition, symmetric termination rates will mean that no operators will be compensated for any higher costs than their competitors, entailing that all operators will have an incentive to produce efficiently.
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Productive efficiency means a measure of a company‟s ability to either maximise outputs from a given set of inputs, or to produce a given outputs with a minimal set of inputs;
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Examples of Productive efficiency in a sentence

  • Minnesota Statutes 2002, section 298.017, is repealed effective for taxes payable in 2004 and thereafter.ARTICLE 13"Amend the title accordinglyThe motion prevailed.

  • Productive efficiency is achieved when only the minimum resource inputs are used to produce a given set of goods and services.

  • Terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public or any section of the public in fear.

  • Productive efficiency occurs when price = minimum average total cost, i.e., where production occurs using the least-cost combination of resources.

  • Productive efficiency will be promoted by an access price that allows for the more efficient sources of supply to displace the less efficient.

  • Productive efficiency: Effort levelsNow look at the manager’s effort levels eG and eP in the cases where the manager is working for either a public or a private firm, respectively.

  • Productive efficiency presumes that the producers will strive to produce products to the lowest possible cost with maintained quality due to competition from other producers.

  • This contributes to the efficient, safe and reliable production of energy in the SWIS.o Productive efficiency requires that demand be served by the least-cost sources of supply, and that there be incentives for producers to achieve least-cost supply through a better management of cost drivers.

  • Additionally, a recommendation is made specifically for the Commonwealth as it relates to maxMC rules.This section outlines the available rules within the maxMC application and makes a recommendation on rules for the Commonwealth of Kentucky.

  • Productive efficiency is difficult to get because no incentives are given to the regulated firm to reduce costs.


More Definitions of Productive efficiency

Productive efficiency means that the costs of production are minimised;
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Related to Productive efficiency

  • Capture efficiency means the weight per unit time of VOC entering a capture system and delivered to a control device divided by the weight per unit time of total VOC generated by a source of VOC, expressed as a percentage.

  • high-efficiency cogeneration means cogeneration meeting the criteria laid down in Annex II;

  • Efficiency means the gas turbine manufacturer's rated heat rate at peak load in terms of heat input per unit of power output based on the lower heating value of the fuel.

  • Irrigation efficiency (IE) means the measurement of the amount of water beneficially used divided by the amount of water applied. Irrigation efficiency is derived from measurements and estimates of irrigation system characteristics and management practices. The irrigation efficiency for purposes of this ordinance are 0.75 for overhead spray devices and 0.81 for drip systems.

  • Productivity as defined in ORS 427.005 means:

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

  • Thermal efficiency means the useful electric energy output of a

  • Overall control efficiency means the efficiency of a control system, calculated as the product of the capture and control device efficiencies, expressed as a percentage.

  • Transfer efficiency means the ratio of the amount of coating solids adhering to the object being coated to the total amount of coating solids used in the application process, expressed as a percentage.

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

  • Energy efficiency measure means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating and cooling systems; automated energy control systems; improved lighting, including daylighting; energy‑recovery systems; combined heat and power systems; or another utility cost‑savings measure approved by the governing body.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Outdoor cultivation means the cultivation of mature cannabis without the use of artificial lighting or light deprivation in the canopy area at any point in time. Artificial lighting is permissible only to maintain immature plants outside the canopy area.

  • Energy efficiency project means an energy efficiency measure or combination of measures undertaken in accordance with a standard offer or market transformation program.

  • Runoff coefficient means the fraction of total rainfall that will appear at the conveyance as runoff.

  • Coefficient means a number that represents the quantified relationship of each variable to the assessed value of a property when derived through a mass appraisal process

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Co-generation means the sequential production of electricity

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Fertilization means the fusion of a human spermatozoon with a human ovum.

  • Working pressure means the settled pressure of a compressed gas at a reference temperature of 15 °C in a full pressure receptacle;

  • Diatomaceous earth filtration means a process resulting in substantial particulate removal in which a precoat cake of diatomaceous earth filter media is deposited on a support membrane (septum), and while the water is filtered by passing through the cake on the septum, additional filter media known as body feed is continuously added to the feed water to maintain the permeability of the filter cake.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Qualifying Energy Efficiency Measures (EEMs) means either (i) standard gas or electric EEMs (i.e., measures found on any of the Standard Initiative applications); or (ii) measures eligible under the Custom Initiative approved by Ameren Illinois; or (iii) measures found in the Streetlighting or Retro-commissioning Initiative as identified in official program materials found on the Ameren Illinois Energy Efficiency website. The following technologies are not Qualifying EEMs: (i) technologies that do not demonstrate measurable and verifiable energy savings, including power conditioning; (ii) technologies that displace electrical energy use or natural gas to another fuel (i.e. fuel switching); or (iii) renewable energy projects (solar, wind power, etc.). Eligible gas measures do not include propane or butane measures.

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;

  • Energy efficiency program means a program that reduces the total amount of electricity that is