What is Output to Input Ratio?
Output to input ratio (OI ratio) is a measure of efficiency used in engineering, economics and other related fields. It is calculated by dividing the output of a system or process by its input. It is a way of measuring how efficiently a system or process can utilize the resources it has available.
How OI Ratio is Calculated?
The OI ratio is calculated by dividing the output of a system or process by its input. For example, if a system or process takes in 10 units of input and produces 30 units of output, then the OI ratio is 3:1 (output:input).
Examples of OI Ratio
- In manufacturing, the output to input ratio is used to measure the efficiency of the production process. If the process takes in 10 units of raw materials and produces 20 units of finished products, then the OI ratio is 2:1 (output:input).
- In economics, the OI ratio is used to measure the efficiency of a country’s economy. If a country produces $100 billion in goods and services from an input of $50 billion, then the OI ratio is 2:1 (output:input).
- In engineering, the OI ratio is used to measure the efficiency of a machine or system. If a machine takes in 1 unit of energy and produces 10 units of work, then the OI ratio is 10:1 (output:input).
Conclusion
The output to input ratio is an important measure of efficiency used in various fields. It is calculated by dividing the output of a system or process by its input, and can be used to measure the efficiency of a production process, economy or machine. For more information about output to input ratio, please see the following links: