performance index


Also found in: Financial, Acronyms.

performance index

[pər′fȯr·məns ‚in‚deks]
(industrial engineering)
The ratio of standard hours to the hours of work actually used; a ratio exceeding 1.00 (or 100) indicates standard output is being exceeded.
References in periodicals archive ?
Institute of Economic Affairs public finance management programme officer John Mutua said the performance index is based on 67 questions (indicators), which were administered to government officials.
London [UK], Nov 16 ( ANI ): According to the 2018 Climate Change Performance Index, Ireland is the worst performing country in Europe in terms of taking concrete action to tackle climate change.
where [([x.sub.i]).sub.j] is the ith performance index of the jth orbit, [([y.sub.i]).sub.j] is the dimensionless coefficient of the performance index [([x.sub.i]).sub.j], [x.sup.max.sub.i] is the maximum value of [x.sub.i] in all candidate orbits, [x.sup.min.sub.i] is the minimum value of [x.sub.i] in all candidate orbits, and [bar.x] is the median of the range.
Yan and Liu (2012) proposed the product life obey index distribution of the fixed number of censored data under the lifetime performance index of P value test program, and take the example to illustrate the feasibility and effectiveness of the method.
Improvement in India's rank in Logistics Performance Index adequately establishes steady performance in our competitiveness in manufacturing and trade that also acts as one of the growth driver of Make in India Programme.
The overall PS efficiency can serve as a performance index because it is determined by the parameters involved in the process (flow rate, geometric height, energy loss, and power demand).
Medford-based Lithia Motors, which had an average annual return of 42.8 percent and a stock performance index of 65.6, finished first, edging out Beaverton's Nike, which had an annual average return of 24.0 percent and a stock performance index of 64.4.
Muscat, June 29 (ONA) The Sultanate was ranked 4 th in the Arab World and 48 th worldwide in terms of Logistics Performance Index.
BCG launched the first edition of the banking performance index in the GCC in April 2009, creating a customized index specifically for the regional banking markets, with 2005 revenues and profits as starting benchmarks.
* explore the possibility of developing a generic performance index (GPI) to evaluate the performance of network industries across traditional borderlines;
Le Mans, France, November 21, 2015 --(PR.com)-- Responding to the needs of architects, facility owners and operators, Labosport is proud to introduce Fiber Performance Index (FPI) - the first true measurement of fiber quality.
And according to the EA Sports Player Performance Index, he is the fifth best performing goalkeeper in the top flight, topped only by Petr Cech, Jack Butland, Kasper Schmeichel and Joe Hart.

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