tuotossuhde

Tuotossuhde, often translated as output ratio or yield ratio, is a term used in economics and business to describe the relationship between the amount of output produced and the amount of input consumed. It is a measure of efficiency, indicating how effectively resources are being transformed into goods or services. A higher tuotossuhde generally signifies greater efficiency.

This ratio can be applied in various contexts. In manufacturing, it might compare the number of finished products to the raw materials used. In agriculture, it could relate the harvested crop yield to the amount of land or fertilizer applied. For a service industry, it might measure the number of satisfied customers relative to the staff hours spent.

The concept is fundamental to understanding productivity and profitability. Businesses aim to maximize their tuotossuhde to reduce costs and increase their competitive advantage. Analyzing this ratio over time can help identify areas for improvement, such as optimizing production processes, adopting new technologies, or reallocating resources. Different industries will have vastly different typical tuotossuhteet due to their inherent nature and resource requirements.