efficiency in resource utilization
Efficiency in resource utilization refers to the ability to maximize the output or benefit obtained from a given set of resources, such as time, money, materials, or energy, while minimizing waste, inefficiencies, or unnecessary consumption.
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Related Concepts (1)
Similar Concepts
- effective utilization of financial resources
- efficiency
- efficiency optimization
- maximizing resource productivity
- operational efficiency
- resource efficiency
- resource optimization
- resource utilization
- resource utilization in agriculture
- resource utilization in business processes
- resource utilization in educational systems
- resource utilization in healthcare systems
- resource utilization in production systems
- resource utilization in supply chain management
- work efficiency