wastage rate

Definitions

The percentage or proportion of materials, resources, or products lost or discarded during a production or distribution process.

A measure of inefficiency representing the amount of waste generated relative to the total input or output.

Examples

The factory manager implemented new protocols to reduce the high wastage rate of raw materials during the production process.

By analyzing the wastage rate of food in the cafeteria, the administration was able to adjust portion sizes and save significant costs.

Synonyms

loss percentage attrition rate spoilage rate waste ratio inefficiency level

Antonyms

yield rate efficiency ratio productivity rate conversion rate output percentage