Resource Efficiency
Using resources (materials, energy, labor, capital) productively with minimum waste.
Formula
Resource Efficiency (%) = (Useful Output / Total Input) × 100
Real World
IKEA redesigned flat-pack packaging to fit more units per lorry, increasing resource efficiency in logistics and cutting transport costs and carbon emissions simultaneously.
Exam Focus
When asked to 'assess' resource efficiency improvements, evaluate both the financial benefit and any implementation costs or workforce implications.
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