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 meaning of disparate impact and disparate treatment, Your answers f...

Your answers for your two questions should total at least 200 words 1. How can employers guard against pay inequities in the workforce? 2. Explain the meaning of disparate i

Explain marketing objectives in each stage, Imagine that you are the produc...

Imagine that you are the product manager for a new electric car similar to the Chevrolet Volt. Using all of your knowledge of the new product life cycle, speculate on the stages

Describe a work breakdown structure, A Work Breakdown Structure (WBS) compo...

A Work Breakdown Structure (WBS) component is a term that simply refers to an entry in the WBS that can be at any level.

Explain how does a company''s vision and plans affect, How does a company's...

How does a company's vision & plans affect its structure?

Explain competitive strategy relate to value chain structure, How does comp...

How does competitive strategy relate to value chain structure?

Financial executives helped by hr department, How might an HR department he...

How might an HR department help to develop financial executives who are ethical leaders and mentors?

Explain the replace with similar, Describe the four options highlighted in ...

Describe the four options highlighted in the case study in terms of their feasibility, acceptability and vulnerability. The four options at Chatworth -the adventure playground deci

Explain human resource strategic partner''s specialized, Is the Human Resou...

Is the Human Resource strategic partner's specialized approach a little boring to the employees and the organization?

Explain what is the maximum inventory level, A company that makes kitchen f...

A company that makes kitchen faucets has found that demand for its model faucet is fairly constant at the rate of 100,000 units per year. Each model of faucet is made using the sam

Define how each it project supports bill''s umuc pizza, Explain how each IT...

Explain how each IT project listed above specifically improves and/or supports Bill's UMUC Pizza business

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