Question

What is optimal resource utilization?​

Answer 1

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Optimism resource of utilisation Management utilizes all the physical & human resources productively. This leads to efficacy in management. Management provides maximum utilization of scarce resources by selecting its best possible alternate use in industry from out of various uses. It makes use of experts, professional and these services leads to use of their skills, knowledge, and proper utilization and avoids wastage. If employees and machines are producing its maximum there is no under employment of any resources

OPTIMAL RESOURCE UTILIZATION: The sweet spot for productivity is between 70% and 80% utilization, according to Handler. Above 80%, wait times exponentially increase, meaning delays and cost increases. People are more likely to make mistakes which means that quality is reduced.

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Answer 2

Hello Mate ❤️

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The sweet spot for productivity is between 70% and 80% utilization, according to Handler. Above 80%, wait times exponentially increase, meaning delays and cost increases. People are more likely to make mistakes which means that quality is reduced.

Thanks ! ❤️❤️