Production Efficiency definition
Examples of Production Efficiency in a sentence
The Performance Incentive will be payable as: Performance Incentive ($) = (Gas Production Efficiency (%)-Y%) × Z where Z is one half of the Hire Rate.
Monthly and annual thresholds for the Performance Incentive will be based upon Gas Production Efficiency.
Proposals must address at least one of the four priority areas in the Roadmap: Production Efficiency, Energy Efficiency, Environmental Performance and Innovative Uses, and must have a high- energy efficiency component.
The threshold for payment of the performance element of the production incentive will be when Gas Production Efficiency is equal to Y%.
An annual calculation shall also be made in January for the preceding year, and a further Performance Incentive shall be payable using the same formula but with Y having a value of 91%, where Gas Production Efficiency (%) = average actual performance achieved over the year, and Z = one half the then-current Hire Rate to be paid for each day of the year in question.
Per hour Production Efficiency Earned Hours Clean-out Efficiency Std.
Shop Production Efficiency = total traceable allocated hours for shipped steel total traceable estimated shop hours for shipped steel A Crew’s Total Available Quarterly Pay is calculated by summing all the individual Crew Member’s Available Quarterly Production, Quality, and Safety Performance Pay.
Production Earned Hours of mixes x Per mix Per hour Production Efficiency Earned Hours Actual Hours Clean-out Efficiency Hours Per Clean-out Payout = x (Prod.
Production Earned Hours = of mixes x Per mix Per hour Production Efficiency = Earned Hours Clean-out Efficiency = Hours Per Clean-out Actual Hours per Clean-out Payout = x (Prod.
Efficiency Costs — Recovery of costs associated with Distribution and Production Efficiency initiatives are not funded through the SBC because these programs are not customer conservation initiatives; these are company infrastructure conservation programs.