rather than solely on work experience; harmony‚ rather than the cooperation; cooperation‚ rather than individualism; in order to maximize the output‚ to replace the limited output‚ each person should work on a maximum efficiency to get the greatest success‚ that is to use high efficiency production mode instead of low cost production methods‚ in order to strengthen the labor cost control. The main purpose of scientific management is to improve labor productivity. In the early 20th century‚ Taylor created
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CHAPTER 7 FLEXIBLE BUDGETS‚ DIRECT-COST VARIANCES‚ AND MANAGEMENT CONTROL 7-1 Management by exception is the practice of concentrating on areas not operating as expected and giving less attention to areas operating as expected. Variance analysis helps managers identify areas not operating as expected. The larger the variance‚ the more likely an area is not operating as expected. 2. Two sources of information about budgeted amounts are (a) past amounts and (b) detailed engineering studies
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HYDRAULIC TURBINES Meaning of the term ‘Hydraulic’ • The working fluid is a liquid or a gas?? ANSWER – WORKING FLUID IS A LIQUID. TURBINE – WORKING PRINCIPLE • In turbines the pressure energy is converted into mechanical energy(which is further converted into electrical energy). WORKING PRINCIPLE OF PUMPS it is just the reverse of the above‚ that is‚ the mechanical energy is converted into pressure energy. OUR FOCUS OF STUDY • Working of various types of hydraulic turbines.
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Organizational Assessment : Effectiveness vs. Efficiency This journal is being chosen related to the Organizational Theory‚ Design and Change for chapter 1 about the Organization Effectiveness. i. What was the aim of the study? An organization had its own goals and mission. There were many ways that could be implement in order to make sure that the organization will achieves whether it short or long term goal. The term effectiveness and efficiency was always being the indicator of the organization
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JOANNE HOPPER TUMALET SOFTWARE STRATEGIES TO IMPROVE ENERGY EFFICIENCY Executive summary Tumalet is a large software company located in Silicon Valley California. The company is committed to improving energy efficiency and reduce the emission of Co2 as part of establishing a sustainable business strategy. In the past five years‚ the company has invested half million dollars on energy projects. These projects have led to the company saving US $600‚ 000 a total return on investment for 120%. The current
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A national laboratory of the U.S. Department of Energy Office of Energy Efficiency & Renewable Energy National Renewable Energy Laboratory Innovation for Our Energy Future Modeling Photovoltaic and Concentrating Solar Power Trough Performance‚ Cost‚ and Financing with the Solar Advisor Model Preprint Nathan Blair‚ Mark Mehos‚ and Craig Christensen National Renewable Energy Laboratory Conference Paper NREL/CP-670-42922 May 2008 Craig Cameron Sandia National Laboratories Presented
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this statement with relation to the concepts of effectiveness and efficiency and any interrelationships that may exist. Introduction Equity of access‚ as stated in National Health Reform Agreement‚ is one of the fundamental bases of the Australian Health care system (DHA 2013a). Other elementary aspects of the Australian health care system also cover effectiveness‚ which focuses on ratio of outputs to outcomes‚ and efficiency‚ which is defined as achieving maximum outputs with available inputs
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Nicollemarie Pérez Zapata E00031849 Assignment_u03 What role can top management play in helping a company achieve superior efficiency‚ quality‚ innovation‚ and responsiveness to customers? A company can increase efficiency through a number of steps: • Exploiting economies of scale and learning effects‚ • Adopting flexible manufacturing technologies‚ • Reducing customer defection rates‚ • Implementing just-in-time systems‚ • Getting the R&D function to design products that are easy to
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ELECTRONICALLY COMMUTATED MOTOR (ECM): (Venkatesan K R‚ Underwriters Laboratories) The ECM (Electronically Commutated Motor) is a high efficiency programmable brushless (no commutator and brush) DC motor utilizing a permanent magnet rotor (loss approximately zero) and a built- in inverter. Brushed DC motor is having lower efficiency and susceptibility of the commutator assembly to mechanical wear and consequent need for servicing. ECM motors can directly replace the existing Brushed DC motors and
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discretionary inputs and outputs be known exactly. The aim of this paper is measuring the relative efficiency of decision making units with non-discretionary inputs and interval discretionary data. Keywords: DEA‚ Interval data‚ Non-Discretionary inputs‚ Efficiency 1 Introduction Data envelopment analysis (DEA) is a mathematical programming approach for measuring and evaluating the relative efficiency of peer decision making units (DMUs) with multiple inputs and multiple outputs (Cooper et al.‚
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