balanced scorecard | A performance measurement system that combines financial and nonfinancial measures of business performance.
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economic value added (EVA) | A productivity measure that indicates whether or not a business is creating wealth from its capital. It is equal to the after-tax operating profit minus the annual cost of capital.
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efficiency | The ratio of actual output to standard output.
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inventory turns | A measure of inventory productivity computed by dividing sales by the average value of inventory.
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machine utilization | A productivity measure for machines that is equal to actual running time divided by time available.
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net present value (NPV) | The difference between the market value of a product or service and the cost of creating it.
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productivity | A measure of how well inputs are used by a business, typically the ratio of an output to the input of interest.
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profit margin | Profit generated per dollar of sales.
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return on assets (ROA) | Profit per dollar of assets.
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return on equity (ROE) | Profit per dollar of equity.
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safety stock | Additional inventory used to help meet demand uncertainty.
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service level | The percent of orders satisfied from existing inventory.
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stockout | An instance when demand cannot be satisfied by existing inventory.
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