Efficiency is calc ency is calculated as: ulated as:
a)Efficiency= Standard time * Actual time
b)Efficiency= Standard time/ Actual time
c)Efficiency= Actual time/ standard time
d) None of the above
a)Efficiency= Standard time * Actual time
b)Efficiency= Standard time/ Actual time
c)Efficiency= Actual time/ standard time
d) None of the above