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BP applies Lean accounting principles in its renewable energy division. Requirements: Calculate the Energy Efficiency Ratio (EER) for BP's solar panel installation that generated 1,000,000

  • BP applies Lean accounting principles in its renewable energy division.
  • Requirements:
    • Calculate the Energy Efficiency Ratio (EER) for BP's solar panel installation that generated 1,000,000 kWh of electricity with an input of 1,200,000 kWh.
    • Propose methods to increase EER.
    • Discuss how improving EER aligns with Lean principles in renewable energy management at BP.
    • Analyze the EER impact on BP's statement of affairs.

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