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CONCEPT
efficiency
effective operation as measured by a comparison of production with cost (as in energy, time, and money)

Definition contributed by RPoldrack about two months ago.

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NPicchetti Initial definition retrieved from http://www.merriam-webster.com/dictionary/efficiency
about one year ago


Revision 3

Definition contributed by BGregory about one year ago:

the quality or degree of being efficient; effective operation as measured by a comparison of production with cost (as in energy, time, and money); the ratio of the useful energy delivered by a dynamic system to the energy supplied to it.

Revision 2

Definition contributed by BGregory about two years ago:

the quality or degree of being efficient; effective operation as measured by a comparison of production with cost (as in energy, time, and money); the ratio of the useful energy delivered by a dynamic system to the energy supplied to it. (from merriam-webster.com)

Revision 1

Definition contributed by SAdministrator about three years ago:

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