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

Determine the order winning criteria for organisation, 1. What are the orde...

1. What are the order winning criteria for this organisation? Where does the company sit in Schmenner's Service-Process matrix and can you detect the adoption of the principles und

Explain the directions given in the your turn scenario, Follow the directio...

Follow the directions given in the "your turn" scenario.

Explain the role of the hrm professional, How do these policies and practic...

How do these policies and practices align with Apple, Inc.'s legal compliance standards? If alignment is not present, how does this affect the role of the HRM prof

Explain milestones and key deliverables, When developing the milestone sche...

When developing the milestone schedule for the project charter it is helpful to identify relatively few milestones and key deliverables

Explain limitations of budgets, Explain limitations of budgets. Limita...

Explain limitations of budgets. Limitations of Budgets : (i) Since budget is based on calculates approximately, that is, estimated sales, estimated business conditions and

Explain problem when a new drug is introduced to the market, What capacity ...

What capacity problems are encountered when a new drug is introduced to the market?

What impacts are there if any of the project team is leftout, There are 3 m...

There are 3 main components to the systems implementation process, which are, organizing the team, determining project scope and expectations and establishing a project plan. Each

Explain implement any change in strategy, 1. Describe how you think the hot...

1. Describe how you think the hotel's management will: (a) make sure that the way it manage the hotel is appropriate to the way it competes for business; (b) implement any change i

Clean systems disimillar from traditional production systems, Explain how l...

Explain how lean systems differ from traditional production systems?

Explain the fixed cost and the variable cost of production, The fixed cost ...

The fixed cost and the variable cost of production of product are 200000USD and demand is 500units to break even unit price of first 300 item will be?

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