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Correct Efficiency formula
The equations should have been: Option 1 : (Hours EARNED + downtime)/Hours worked Option 2 : (Hours EARNED)/(Hours worked - downtime) Again, all input is appreciated!- LaneDawg
- Post #2
- Forum: Industrial/Mfg engineering general discussion
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Correct Efficiency formula
A question has arisen in our department on the correct formula to use for Labor Efficiency using downtime. Option 1 : (Hours allowed + downtime)/Hours worked Option 2 : (Hours allowed)/(Hours worked - downtime) All input is appreciated!- LaneDawg
- Thread
- Replies: 1
- Forum: Industrial/Mfg engineering general discussion
