KEYWORDS

• Overutilisation: business produces more goods than it operation should handle, can cause stress on over worked staff and minimises potential for maintenance of equipment.
• Underutilisation: business produces fewer goods than it is able to handle. Can lead to staff being underworld which may demotivate them and waste company money on employees they do not need.
• Productivity: a companys hourly rate of output each input.
• Efficency: how much a business can achieve through a minimum number of units or average costs.