Examples of productivity measures, Operation Management

Assignment Help:

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

 


Related Discussions:- Examples of productivity measures

Capacity Planning of Computer Systems and Networks, Problem:- 1 A system c...

Problem:- 1 A system containing one CPU and a disk is serving database transactions. A transaction gets service from CPU and then from the main memory before leaving this system. I

Described in the initial kickoff meeting for a project, Which of the follow...

Which of the following would be the first item to be discussed in the initial kickoff meeting for a project? Answer Understanding of the requirements Understanding of the

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

Find out what is e, Two large, thin metal plates are parallel and close to ...

Two large, thin metal plates are parallel and close to each other. On their inner faces, the plates have surface charge densities of opposite signs and of magnitude 17.0 × 10 22 C

Explain need step by step solutions to case study, Need step by step soluti...

Need step by step solutions to case study 2-1 (auto-assembly)

Explain timmy says he doesn like getting swindled, Timmy Thompson, who fini...

Timmy Thompson, who finished his second year at a local community college last May, sees an advertisement to rent an apartment at Ocean Apartments for $1,500 a month. Timmy walks i

Find market price of the bond, SWH Corporation issued bonds on January 1, 2...

SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on

What is the objective under jit and time-based competition, _____ is the ob...

_____ is the objective under JIT and time-based competition. WIP reduction Material velocity Lead-time reduction Decreasing material wait time

Logical process modelling, What is logical process modelling? What is physi...

What is logical process modelling? What is physical modelling?

Find forecasted sales for week first, In the table given below the Distribu...

In the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what woul

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