LearningCurve Franchise LearningCurve is a brain child of highly innovative edupreneurs with a focus on scientific methods used for learning english and other foreign languages. The company is also a known brand in the fields of personality development and communication skills.
Production efficiency is an economic level at which the economy can no longer produce additional amounts of a good without lowering the production level of another product. This happens when an economy is operating along its production possibility frontier. Efficient production is achieved when a product is created at its lowest average total cost; production efficiency measures whether the economy is producing as much as possible without wasting precious resources.
Theoretically, production efficiency includes all of the points along the production possibility frontier, but this is difficult to measure in practice. If the economy cannot make more of a good without sacrificing the production of another, then a maximum level of production has been reached. Production efficiency is based on a business’ ability to produce the highest number of units of a good while using the least amount of resources possible. The aim is to find a balance between the use of resources, rate of production and quality of the goods being produced. When production efficiency has been reached, it is not possible to produce more goods without using excess resources or sacrificing product quality.
Productivity serves as a measurement of output, normally expressed as a number of units per an amount of time, such as 100 units per hour. Efficiency relates to how well a goal is accomplished, normally by considering the amount of resources used, and waste created, in comparison to goods produced.
To evaluate production efficiency, each phase of production must be examined. The primary focus is on maintaining acceptable quality standards while reducing waste in both materials and production times without harming another portion of the process. This is seen as a long-term process, as changing conditions may impact current methods resulting in the need for reevaluation.
True production efficiency is only reached when it is not possible to improve performance in one area without doing harm to another. At that point, the business is seen as functioning at peak efficiency within the current system.
The concepts of production efficiency can also apply to the service industry. To perform a service, resources are required, such as the use of human capital and time, even if no other supplies are required. In these cases, efficiency can be measured by the ability to complete a particular task or goal in the shortest amount of time while minimizing waste and maintaining quality. Read the franchise requirements below and become a Franchisee today
Commenced Dates
Date Commenced Operations | 2010 |
Date Commenced Franchising / Distribution | 2011 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 50 K - 2lac | 100000 | 20% |
Expansion Locations
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh |
South | Kerala, Karnataka, Tamil Nadu, Andhra Pardesh |
East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
West | Gujarat, Rajasthan, Maharashtra, Goa |
Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | |
Performance guarantee to unit franchisee | |
Anticipated percentage return on investment | |
Likely pay back period of capital for a unit franchise | |
Other investment requirements |
Detailed operating manuals for franchisees | |
Where is franchisee training provided? | |
Is field assistance available for franchisee? | |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | |
What IT systems do you presently have that will be included in the franchise? |
Type of property required for this franchise opportunity | |
Floor area requirement | . |
Preferred location of unit franchised outlet |
Do you have a standard franchise agreement? | |
How long is the franchise term for? | -- |
Is the term renewable? |
Category : Education
Area Req :
Franchise Outlets :
Investment: Rs. 50 k - Rs. 2 Lac