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

How several more hours of overtime would each worker, Games4U makes video g...

Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources

Explain acquisition for live nation, Horizontal integration has benefits to...

Horizontal integration has benefits to the firms involved. Consider the consolidation in the event-promotion business when Live Nation bought Ticketmaster in 2010. List some spec

Explain what are the legal and ethical risks, What are the legal and ethica...

What are the legal and ethical risks associated with the decision about hiring truck drivers at Zyedego

What is a realistic time-horizon for the sale, Identify key gaps in plannin...

Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price? What

Explain when is it said to have a normal distribution, When a value of a va...

When a value of a variable(like the possible number of people who might be interested in your product) is said to have a normal distribution, how do the highest and lowest possible

Depict a project network for the activities, A senior MIS design class proj...

A senior MIS design class project team has developed the following schedule of activities for their project, using their best estimate of completion times. Both written and oral re

Describe how sharpen the saw is applied, Explain how "sharpen the saw" is a...

Explain how "sharpen the saw" is applied in the Toyota Production System Grading rubric (Highest quality answers will consider ALL of the following) Describe "sharpen the saw

Disadvantages, What are the disadvantages of operation management?

What are the disadvantages of operation management?

Which depreciation method is preferable and why, 1. Your firm is considerin...

1. Your firm is considering an investment in a wind farm. Assume that the farm will cost $1 million per MW of installed capacity. The plan under consideration would deploy 10 GE 1.

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