How Is the Efficiency of an Operation Measured

question 1

Multiple Choice

How is the efficiency of an operation measured?

• A) Achieved capacity/Design capacity
• B) Effective capacity/ Design capacity
• C) Achieved capacity/Effective capacity
• D) Effective capacity/Achieved capacity

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Definitions:

Scenario Planning

A strategic planning method used to make flexible long-term plans based on different possible future scenarios.

Contingency Planning

The development of strategies and actions to prepare for and respond to unexpected events or emergencies that could negatively impact operations.

Long-term Version

The ability to focus on and plan for future achievements and outcomes over an extended period.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future scenarios or outcomes.