Examples of productivity measures, Operation Management

Examples of Productivity Measures 

Sales ($)/labour costs ($) 

Sales ($)/pay ($) 

Total value of sales (billed) ($)/labour costs($) + investment ($) 

Sales/salespeople 

Value of sales ($)/direct labour + indirect labour + materials + overhead costs 

Total pay/personnel department pay 

Yards of carpet laid/number of carpet layers 

Square metres of floor cleaned/cost of cleaner

Labour productivity/capital productivity  

Labour productivity 

1. units of output per labour hour

2. value added per labour hour 

3. dollar output per labour hour

4. production value per labour dollar

Capital productivity

1. units of output per dollar input

2. dollar output per dollar input

3. inventory turnover (dollar sales/ dollar inventory)

4. Energy productivity 

5. units of output per kilowatt hour 

6. unit of output per energy dollar input

7. production value per barrel of fuel member

Service productivity

1. units of output per overhead hour

2. increased sales (annual)/training (budget) 

3. number of customers served/staff

 

Posted Date: 3/15/2013 3:26:59 AM | Location : United States







Related Discussions:- Examples of productivity measures, Assignment Help, Ask Question on Examples of productivity measures, Get Answer, Expert's Help, Examples of productivity measures Discussions

Write discussion on Examples of productivity measures
Your posts are moderated
Related Questions
1. When a company plans a new product development project, which department should impact the decisions? (Points : 5) Sales and Marketing Engineering Manufacturing Fina

2-10 minute breaks, 1-20minute lunch, 1-10 minute clean up, restroom. What is the maximum time in hours the machine is available to run in a single shift?

Describe how an organization can use double-loop learning to improve performance.

Strategic Plan For this assignment, you will need to choose a company that you have familiarity with or knowledge of their corporate structure and strategies. You may choose to

1. What are the steps in the method study procedure?  Answer: Select, record, examine, develop, install, maintain.

In 1964 who was the first non royal to appear on a UK stamp

What are the issues management of Starbucks needs to address? Analyze and evaluate the issues identified. Recommend a set of actions management should take to address the issues th

Describe the stages of personal diversity awareness

Explain the financial flexibility workforce. Financial flexibility can be accomplished by performance associated pay systems for illustration when production staff are paid

Describe who will comprise your management team and what talents or skills each of the teams members will bring to the organization. Include a simple organizational chart. How do I