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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 ($)
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
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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
monthly production time for tep.
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Part 2: Case Floor-Shine Cleaning Products Case Focus: This case illustrates the use of a sales contest in an attempt to boost sales. Several potential problems resulting fro
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