Definitions of Productivity, Efficiency and Utilisation

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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


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Keywords AND Misspellings
productivity, efficiency, utilisation, technician, workshop, labour