asituationin which acompanyor aparticularmachinefailstoproducethelargestpossiblenumberofgoodswith thetime,materials,labour, etc. that areavailable:Thisarticleexaminesthetechnicalinefficiencyof themanufacturingindustryin the UK.See alsox-inefficiencyComparetechnical efficiency(Definition oftechnical inefficiencyfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftechnical inefficiency
technical inefficiencyTechnicalinefficiencyis the deviation of an individual vessel's production from this best-practice frontier, and hence is a measure of relative technical efficiency.From theCambridge English CorpusThus, a negative sign indicates a decrease intechnicalinefficiencyor an increase in technical efficiency.From theCambridge English CorpusThis in turn implies that only 15.2 per cent of the output variation is explained bytechnicalinefficiency.From theCambridge English CorpusThe non-neutraltechnicalinefficiencyfunction approach is attractive, but introduces considerable potential for substantially more multicollinearity in this function, as discussed in footnote 15 above.From theCambridge English CorpusThus we specify thetechnicalinefficiencyas unexpected or unforeseen.From theCambridge English CorpusThe negative coefficient of age indicates thattechnicalinefficiencyappears to be lower among older farmers.From theCambridge English CorpusThus we specify thetechnicalinefficiencyas unexpected or unforseen.From theCambridge English CorpusTo account for inter-vessel differences the best we can, we introduce a small vessel size class dummy into thetechnicalinefficiencyequation.From theCambridge English CorpusTable 4 reports the estimatedtechnicalinefficiencyfunction, where the dependent variable istechnicalinefficiencyas opposed to technical efficiency.From theCambridge English CorpusApparently, the ability to read and write may be sufficient in the context of improvingtechnicalinefficiencyof farming.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/technical-inefficiency##