Examlex
Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Reinhold Niebuhr
Productivity
The measure of efficiency in which goods and services are produced, often quantified as output per unit of input.
Input/Output
A concept referring to the materials, information, or effort (input) going into a process and the resulting product, services, or results (output) produced.
Output/Input
A ratio that measures the efficiency of production or performance by comparing what is produced (output) to what is consumed or used (input).
Continuous-Process Production
A manufacturing process that produces goods continuously rather than in discrete batches, often used in industries like chemicals, oil, and gas.
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