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

Explain logos and ethos and pathos, Explain what Logos, Ethos and Pathos ar...

Explain what Logos, Ethos and Pathos are and their relevance to being understood. Also discuss their preferred order of use. Construct an example following this model. Grading r

Explain lawsuit against the vice president seeking payment, Soda Dispensing...

Soda Dispensing Systems Inc. (SDS) was owned by two shareholders, each of whom owned half the stock. One shareholder was president and the other was vice president. Their sharehold

Scheduling - production control, Scheduling Meaning and Definition ...

Scheduling Meaning and Definition Scheduling is the next technique of production control. In production control scheduling  means  the  arrangement of different operatio

Explain a sports marketing mix for your organization, 1. generate a sports ...

1. generate a sports marketing mix for your organization to address the promotion mix of advertising, public relation, sales promotion and pricing 2. Justify market selection de

How to prepare for career advancement, After reviewing the chapter, suggest...

After reviewing the chapter, suggest all possible ways that Scott can prepare herself for career advancement

Explain forecasting methodologies, Question : What are the common chara...

Question : What are the common characteristics amongst the several forecasting methodologies / techniques? The different techniques make a common assumption that what happen

Explain should wang take the quantity discount, Wang Distributors has an an...

Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the uni

Testing the optimality, Step 1 : It is observed that cost of transportation...

Step 1 : It is observed that cost of transportation is to Rs. 144. Step 2: Testing the Optimality : After obtaining the initial basic feasible solution the next step is to test

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