Usually means: Maximizing output with minimal resources.
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We found 4 dictionaries that define the word Operational efficiency:

General (1 matching dictionary)
  1. Operational efficiency: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. Operational Efficiency: Investopedia
  2. BusinessDictionary.com (No longer online)

Definitions from Wikipedia (Operational efficiency)

noun:  In a business context, operational efficiency is a measurement of resource allocation and can be defined as the ratio between an output gained from the business and an input to run a business operation.


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