Productivity -numerically defined, Operation Management

Assignment Help:

Productivity -Numerically Defined

Total factor productivity (TFP) = Pt = Ot/(L+C+R+Q) 

Partial factor productivity (PFP) = Ot/L or C or Ot/a combination of  inputs 

 Pt = Total factor productivity 

 Ot = Total output (sales value $) 

 L = Labour input factor ($) 

 C = Capital input factor ($) 

 R = Raw materials/purchased parts ($) 

 Q = Other miscellaneous services ($)


Related Discussions:- Productivity -numerically defined

What are advantage regarding problem-solving, Cultural diversity can provid...

Cultural diversity can provide a company competitive advantage regarding problem-solving. True False

Quantitative versus qualitative measurements, Quantitative Versus Qualitati...

Quantitative Versus Qualitative Measurements A variety of formulae can be used to determine productivity as illustrated. These are generally referred to as 'hard' or quantifia

Line Balancing, #What do you understand by “line balancing”? What happens i...

#What do you understand by “line balancing”? What happens if balance doesn’t exist?uestion..

Game theory is important for the understanding of what, Game theory is impo...

Game theory is important for the understanding of __________. A. competitive markets B. oligopolies C. all market structures D. monopolies

Explain affect your overall impression of the candidate, How does the use o...

How does the use of music in political play a role in establishing a candidate's brand? Does a candidate's use of a song you like (or dislike) affect your overall impression of the

Small organizations or large organizations differ in design, How do small o...

How do small organizations and large organizations differ in design?

Explain cost-minimizing production schedule, A motorcycle manufacturer is d...

A motorcycle manufacturer is determining its production schedule for the next 6 months. The cost of manufacturing a motorcycle during each month is Month 1 Month 2 Month 3 Month 4

Determine the appropriate sample size, Determine the Appropriate Sample Siz...

Determine the Appropriate Sample Size The following work sampling data was collected from observing a retail assistant:  Activity

Concepts of collective bargaining process, The United Auto Workers union en...

The United Auto Workers union enters into contract negotiations with the Ford Motor Company in Michigan. What are the three main subject areas the UAW can negotiate with Ford? Prov

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