Productivity challenge in organisations, Operation Management

Assignment Help:

Productivity Challenge in Organisations

Productivity is the ratio of outputs (goods and services) divided by the inputs (resources: labour, capital and services). It is one of the prime functions of the operations manager to increase productivity. 

There are two ways to achieve and improve: 

  • Decrease the inputs but maintain the outputs
  • Increase outputs with the same inputs.

 

Productivity therefore tends to be used as a measure of the efficiency with which the resources employed by the organisation (ie human resources, materials or capital resources) are converted into the goods or services sold by the company. Increasing organisational efficiency, in terms of improving the output achieved for a similar input, is the most common way in which productivity will be raised.


Related Discussions:- Productivity challenge in organisations

Explain development of criminality, Use the Internet to research the case o...

Use the Internet to research the case of Matias Reyes, the "iceman who confessed" to the brutal rape of the "Central Park jogger" in 1989. Step 2: Post your responses to the follow

Brandon production is a tiny firm focused on the assembly, Brandon Producti...

Brandon Production is a small firm focused on the assembly and sale of custom computers. The firm is facing stiff competition from low-priced alternatives, and is looking at variou

Why service adds value to a business products and customers, Service is the...

Service is the last activity in the Value Chain. Explain how service adds value to a business products and customers.

Explain physical well-being of a manager of co-worker, All of the following...

All of the following are examples of protected opposition except: a. Threatening to file a formal complaint alleging discrimination b. Refusing to obey an order because of a reason

Supply chain management, explain the extend to which SCM is applicable to a...

explain the extend to which SCM is applicable to a service operation like Cruise int.

Explain compensated for the loss in purchasing power, Fourteen years ago, t...

Fourteen years ago, the U.S. Aluminium Corporation borrowed $9.9 million. Since then, cumulative inflation has been 98 percent (a compound rate of approximately 5 percent per year)

Explain what the best collaboration tools, For firms that have multiple loc...

For firms that have multiple locations that would like their professionals from different teams to be able to collaborate efficiently, how would you determine what the best collabo

Historical development of operations management, explain the evolution of o...

explain the evolution of operations management, highlighting the key stages of developments taken place in the operations management practices in modern day organizations.

Explain cost management processes, Cost management processes are involved i...

Cost management processes are involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Explain inflammatory bowel disease, There are numerous diets available for ...

There are numerous diets available for patients with gastrointestinal disorders. Preferred diets available for the following disorders 1.Peptic ulcer disease 2.Inflammatory bowel d

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