Definitions of Productivity, Efficiency and Utilisation

From Catalyst
Revision as of 12:14, 21 December 2018 by ThrashBot (talk | contribs) (Bulk update)
Jump to: navigation, search

Summary

This article explains how Productivity, Efficiency and Utilisation are defined in Platinum.

More Information

In order to avoid confusion, we have adopted the following definitions of these important performance statistics. All are expressed as percentages.

Productivity

This is defined as "(Charged Hours divided by Actual Hours) x 100".

Efficiency

This is defined as "(Charged Hours divided by Attended Hours) x 100".

Utilisation

This is defined as "(Actual Hours divided by Attended Hours) x 100".

These standards have been adopted based on the common definitions used in composite production.

See also


Feedback
Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'
Keywords AND Misspellings
productivity, efficiency, utilisation, technician, workshop, labour