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BMS Controls Glossary

Production Efficient

The definition of a production efficient organization is one that is able to produce the most output with the least amount of resources. This means that a production efficient organization is able to produce goods and services with the least amount of inputs, such as labor, capital, and materials. A production efficient organization is able to maximize the output of its resources while minimizing the costs associated with producing those goods and services. In order to achieve this, a production efficient organization must be able to identify and use the most efficient production methods, as well as ensure that the resources used are being used in the most effective manner. Additionally, a production efficient organization must be able to identify and eliminate any inefficiencies that may be present in the production process. By doing so, the organization can ensure that it is producing the most output with the least amount of resources.