Word: output
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...knows precisely how much fuel is pilfered this way, but the amount is substantial. One petroleum executive estimates that as much as 3% of his company's output is stolen before it can be moved to refineries. While such stealing is common in Texas, Louisiana, California and other oil states, it is most serious in Oklahoma, where the number of wells now stands...
...budget director David Stockman's proposed cuts in social spending are intended to reduce inflation rates by eliminating the artificial demand for unproductive services. Conservative economists say these federal spending cuts will allow room in the currently services-bloated economy for investment in the private sector to effect greater output and create more employment. They see a long-term decline in interest rates arising from reduced spending as perhaps the greatest stimulus to increased investment and greater productivity that will reduce inflation...
...anti-MATEP group also told the EPA that it should not exempt the plant as an educational or health related institution because only 20 per cent of its output will be used by the University, Partan said...
...with quality control, a management concept that until quite recently had been insufficiently considered in the U.S. Yet it was American academics who helped the Japanese improve their products and change their image. One proposed device was quality-control circles, where workers and their supervisors discuss ways to improve output and standards on the job. Statistician W. Edwards Deming gave a proselytizing speech in Tokyo in 1950 on the virtues of quality control as a manufacturing technique. Since that time, Deming has been elevated in Japan to the status of industrial folk hero. The Deming quality-control award...
...team tested a group of Ohio State University students swimming laps, while others were making noise clapping and shouting. Each noisemaker let his output drop by half when he switched from solitude to a group of four. The researchers theorize that workers do poorly in a group because they know they will not be accountable for individual performance (the swimmers slowed down when they thought their personal times were unrecorded) or suspect that fellow workers are not working as hard as they. The experimenters believe social loafing could account for the slowed growth of American labor productivity. Says Drake Professor...