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

Marketing manager needs to know the marketing research cost, The marketing ...

The marketing manager needs to know the cost of the research project before approving it. During which stage of the marketing research process would such a consideration most likel

List few of the strategic issues in supply chain management, The importance...

The importance of Supply Chain Management cannot be underestimated because it ensures that the right materials are at the right place at the right time at a minimal cost and maximu

Describe the lewin''s change process, Question 1: Change is often resis...

Question 1: Change is often resisted because of the uncertainty and ambiguity it creates, the concern that it might not be in the organisation's best interest. (i) Discuss

Define potential risks and bottlenecks that occur in project, Briargrove ha...

Briargrove has agreed to your plan. The CLN Team is asking for a refined version of the plan making the corrections based on their recommendations. They are requesting a comprehens

Explain what structural change is indicated at the plaza inn, What structur...

What structural change is indicated at the Plaza Inn? Explain clearly why

What is the safety stock and rop, Chicago's Hard Rock Hotel distributes a m...

Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of

Explain the scope of an external customers project, Project sponsors within...

Project sponsors within the contractors company have the authority to change the scope of an external customers project as they see fit. Answer Have the authority to change t

Define the term productivity, Define the term productivity (a) Product...

Define the term productivity (a) Productivity implies more number of goods (output) from the same amount resources (input)  (b) Management can play an important role in pro

Explain income levels and income distribution among nations, How do differe...

How do differences in income levels and income distribution among nations affect international businesses?

Explain managerial problem solving discuss the pitfalls, Using managerial p...

Using managerial problem solving discuss the pitfalls of satisficing and escalation of commitment

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