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My Process cycle efficiency (PCE) for our emergency department project after calculation isbe 47.54%. As you have written between 10% to 20% is termed âGoodâ.
(March 2009) Allocative efficiency is a state of the economy in which production represents consumer preferences; in particular, every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing.