Productivity -numerically defined, Operation Management

Assignment Help:

Productivity -Numerically Defined

Total factor productivity (TFP) = Pt = Ot/(L+C+R+Q) 

Partial factor productivity (PFP) = Ot/L or C or Ot/a combination of  inputs 

 Pt = Total factor productivity 

 Ot = Total output (sales value $) 

 L = Labour input factor ($) 

 C = Capital input factor ($) 

 R = Raw materials/purchased parts ($) 

 Q = Other miscellaneous services ($)


Related Discussions:- Productivity -numerically defined

Explain recreation collects data on the number of cars, A state department ...

A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park. (The group's position is that more out-of-state p

Calculate the regression equation, The I-10 carpet outlet wants to develop ...

The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores sales are directly related to the number of new housing starts in

Accounting, describe the element that makeup TQM as amoderv philosophy and...

describe the element that makeup TQM as amoderv philosophy and quality mangementsamodern

SEQUENCING PROBLEM, HOW TO SOLVE SEQUENCING PROBLEM FOR N-JOB AND M-MACHINE...

HOW TO SOLVE SEQUENCING PROBLEM FOR N-JOB AND M-MACHINES

Mean value - statistical aspects of variability, Mean value - Statistical A...

Mean value - Statistical Aspects of Variability The arithmetical mean value (µ, mu) of the measurements can be readily calculated, as follows. Let the class mid- point values

Write an essay on porter''s five forces industries, Give an essay on Porter...

Give an essay on Porter's 5 forces industries (the auto or shoe industry) A 75 to 100 words/references.

Economic advantage of statistical process control, Economic Advantage of St...

Economic Advantage of Statistical Process Control Since only samples of the output are measured, the cost of the measurement is substantially less than if all of the output we

Explain what pay level does the efficiency wage predict, What pay level doe...

What pay level does the efficiency wage predict? Does the theory accurately predict organization behaviour? Why or why not

Explain what is the project duration, The following is a table of activitie...

The following is a table of activities associated with a project at Bill Figg Enterprises, their durations and what activities each must precede: Activity Duration (weeks) Precedes

Difference between, Give difference between assembler, compiler and interpr...

Give difference between assembler, compiler and interpreter

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd