The throughput ratio (tr) is the ratio of the total processing time for the job divided by total waiting time plus total processing time.
The throughput ratio metric contrasts the actual throughput, measured in hours or units, with the predicted (standard) throughput. Better is a ratio that is higher. Any work center can employ the throughput ratio, and this statistic aids in identifying efficiency or a lack thereof.
The quantity that a production process can produce in a given amount of time is known as throughput. For instance, if an eight-hour shift can produce 800 units, then the production process can produce 100 units each hour.
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