What is Efficiency?

 Efficiency:

Efficiency is another way of expressing productivity, although efficiency figures are more useful and meaningful. Efficiency figures tell us how we perform against a target which has been set by scientific means.As the target is expressed as a time per garment or a required level ofproduction, the efficiency is quite easy to calculate.

Targets are normally set at a performance level of 100%, and therefore if an operator reaches his/her target production, then his/her efficiency would be 100%.

Likewise, should an operator only produce 75% of his/her target, and then his/her efficiency would be 75%.

The formulae for calculating efficiencies are as follows:

Productivity and efficiency improvement are keys to job security, better wages and lower prices.