Understanding labor productivity per hour is a simple way to find out how productive your workforce is. Let’s look at this important metric and discover how it relates to modern-day productivity. The ...

With various sources – not least the US Environmental Protection Agency, responsible for administering the ENERGY STAR label for energy efficiency – having suggested that the average building wastes ...

Sales efficiency is the best way to understand the economics of a business. To me, it answers the question as to whether a business can ever scale. The harsh truth is, if it can’t scale, investors won ...

The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...

Efficiency and operating ratios measure overheads as a percentage of operating revenues or fee income; in effect, they measure how efficiently a company is being operated. They are generally favored ...

Many things come to mind when you think of hospital operating rooms: surgical instruments, nurses and surgeons, to name a few. Not many individuals consider mathematics when discussing surgical ...

We’ll walk you through the process of calculating bay productivity and provide you with the most effective tips for maximizing your technicians’ skills, so you can maximize your bays and optimize your ...

Q-I have been talking with contractors about a new air conditioner for my home. How can I calculate which unit will be most economical for me? A-Take a look at the rating of the air conditioners that ...

I've been planning on replacing some of our windows before the end of the tax year, because they are 45 years old and also because of the tax credit for energy efficiency. This tax credit provides a ...

The fuel efficiency of an electric car is measured in kilometers per kWh, which determines how far the car can travel on a single unit of electricity. How to calculate fuel-efficiency or mileage of ...