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Productivity Improvements
(1) What is your opinion on the question below?
Besides making decisions about which piece of equipment to buy or which process to use, productivity is also analyzed in terms of Productivity Measure or ratio of Outputs/Inputs. For example, for the EBBD, one productivity measure that could be used is Shipment productivity. The outputs to consider are the number of items that are shipped during a week, and the inputs would be the number of hours worked by the shipping crew during that same week. So the Shipment productivity would be: Items Shipped /Hours Worked. Instead of items shipped, you could use the number of pounds shipped as the output.
1. Consider Shipment productivity. Think of one way that you could improve shipment productivity and explain.
2. Think of one other Productivity Measure you might use at the EBBD and explain how you would calculate it. And then how would use it to improve productivity?
Present here the type of information (perhaps including accounting or cost data, no specific amounts are required) that are needed for making the decision.
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