"a measure of process performance; the ratio of outputs to inputs" is the definition of a. productivity. b. cycle time. c. efficiency. d. benchmarking.

The answer is productivity. The productivity is an financial measure of output per unit of input. Inputs comprise labor and capital even though output is classically measured in revenues and other gross domestic manufactured goods constituents such as business inventories. Productivity methods may be look at cooperatively cross-ways the whole economy or watched industry by industry to inspect tendencies in labor growth, wage levels and technological development.

The law of supply and demand