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Technical efficiency and allocative efficiency can be combined to measure the economic efficiency (or overall cost efficiency) of a firm.
By combining technical efficiency and allocative efficiency, one can generate the overall cost efficiency, using the following equation: CE = TE x AE = (0Q/0P) × (0R/0Q) = 0R/0P.
Connectivity also brings the promise of an improved overall cost efficiency to the state at a time when it is suffering from its largest deficit in history.
The increased volume and reduced concentration results in an increased emptying frequency of onsite systems and a reduced dewatering performance and overall cost efficiency of treatment.
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On the other hand, the economic costs of such services are considerable[ 16, 17] and overall cost-efficiency has to take into account the fraction of patients not consenting to the procedures, patients with known contraindications for the procedure and early or late failures/losses of the epidural catheter[ 18].
To practice this new method with mixture samples, its feasibility and reliability, its overall cost and efficiency, are primarily concerned.
In practice, a mixture of a single candidate ligand or a racemic mixture of a few pairs of enantiomers can be prepared via PCS without purification as a sample for screening by this new method, as long as the overall cost and efficiency are favorable.
The policy effect is evaluated by the social cost, overall emission, cost efficiency, and the economic incentive to different GENCOs.
The government believes it may be possible to reduce the overall costs as efficiencies generated from merging the three services begin to materialise.
Goto and Tsutsui (1998) employed DEA approach to measure overall cost and technical efficiencies between Japanese and US electricity power plants.
Efficient outpatient scheduling is becoming increasingly important for the overall cost effectiveness and treatment efficiency of a hospital.
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