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The total first time yield is equal to FTYofA * FTYofB * FTYofC * FTYofD or 0.9000 * 0.8889 * 0.9375 * 0.9333 = 0.7000. You can also get the total process yield for the entire process by simply dividing the number of good units produced by the number going into the start of the process. In this case, 70/100 = 0.70 or 70% yield.
The second component is the 'Unit Leaf Rate' (ULR), which is also termed 'Net Assimilation Rate' (NAR). This variable indicates the rate of biomass increase per unit leaf area, with typical values ranging from 5-15 g.m −2.day −1 for herbaceous species and 1-5 g.m −2.day −1 for woody seedlings. Although the ULR is not equal to the rate ...
Process yield is the complement of process fallout and is approximately equal to the area under the probability density function = / if the process output is approximately normally distributed. In the short term ("short sigma"), the relationships are:
The land equivalent ratio can be used whenever more than one type of yield can be obtained from the same area. This can be intercropping of annual crops (e.g. sorghum and pigeonpea ) [ 1 ] or combination of annual and perennial crops e.g. in agroforestry systems (e.g. jackfruit and eggplant ).
This formula is important to relate back to diminishing rates of return. It finds the change in total product divided by change in labour. The marginal product formula suggests that MP should increase in the short run with increased labour. In the long run, this increase in workers will either have no effect or a negative effect on the output.
Total factor productivity (TFP) is often considered the primary contributor to GDP growth rate. Other contributing factors include labor inputs, human capital, and physical capital. Total factor productivity measures residual growth in total output of a firm, industry or national economy that cannot be explained by the accumulation of ...
In agriculture, the yield is a measurement of the amount of a crop grown, or product such as wool, meat or milk produced, per unit area of land. The seed ratio is another way of calculating yields. Innovations, such as the use of fertilizer , the creation of better farming tools, new methods of farming and improved crop varieties , have ...
In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]