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In a business context, operational efficiency is a measurement of resource allocation and can be defined as the ratio between an output gained from the business and an input to run a business operation. When improving operational efficiency, the output to input ratio improves.
Fold change is a measure describing how much a quantity changes between an original and a subsequent measurement. It is defined as the ratio between the two quantities; for quantities A and B the fold change of B with respect to A is B/A. In other words, a change from 30 to 60 is defined as a fold-change of 2.
Conversion of units is the conversion of the unit of measurement in which a quantity is expressed, typically through a multiplicative conversion factor that changes the unit without changing the quantity. This is also often loosely taken to include replacement of a quantity with a corresponding quantity that describes the same physical property.
When using "hand in" to convert to hands and inches, the rounded hands and inches values are equivalent, and use the same fraction, if any. Special rounding of the inches value only occurs when "hand in" is the output.
Energy converter is an example of an energy transformation. For example, a light bulb falls into the categories energy converter. η = P o u t P i n {\displaystyle \eta ={\frac {P_{\mathrm {out} }}{P_{\mathrm {in} }}}} Even though the definition includes the notion of usefulness, efficiency is considered a technical or physical term.
By default, the output value is rounded to adjust its precision to match that of the input. An input such as 1234 is interpreted as 1234 ± 0.5, while 1200 is interpreted as 1200 ± 50, and the output value is displayed accordingly, taking into account the scale factor used in the conversion.
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