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  • DEFINITION

    Actual input/output ratio (X members of the cohort completed the cycle in the ideal time of X years) divided by ideal input/output ratio (X members of the cohort should have completed the cycle in the ideal time of X years).

    EXAMPLE OF USE

    But where wastage rates are high, an entirely false impression would be given by a calculation based simply on annual costs and the normal length of a course (Woodhall, 2004: 33).