How to interpret the results of the calculations

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Bill is the Operations Manager at Bonzo Chemical Manufacturing Company. One of his leaders have suggested that it might be valuable to measure Efficiency and productivity in the operations as a way to evaluate its performance. What would you tell Bill about how to: (1) measure efficiency and/or productivity in an operation and (2) how to interpret the results of the calculations?

 

 

Reference no: EM132956793

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