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

Describe ethical responsibilities, Explain the difference between ethical r...

Explain the difference between ethical responsibilities and social responsibilities of a manager. Please in you own words

Explain how many crates will it need to plan, A bottling facility with an e...

A bottling facility with an effective capacity of 40,000 crates per day operates with an efficiency of 85%. How many crates will it need to plan for bottling on a day that requires

Explain foreign domestic investment confidence index, How is foreign domest...

How is foreign domestic investment confidence index useful to businesses?

Explain what would be the increase in the safety, A local bar serves a prem...

A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of

What are individual and group decisions, What are individual and group deci...

What are individual and group decisions? Individual decisions are taken through a single individual in context of routine decisions whether guidelines are already given. Group

Perseverance and job related knowledge, (Emotional intelligence; a key fact...

(Emotional intelligence; a key factor to success) I want a 20 question survey for this topic, based on these 5 factors Ethic and integrity, Leadership, Perseverance, Job related kn

Explain the ordering of the purchasing department, Q. Explain the ordering ...

Q. Explain the ordering of the purchasing department? Ordering is the responsibilities of a purchasing department: a. Negotiating along with suppliers b. Placement of ord

Explain what lessons have aging issues taught us in the past, What new and ...

What new and distinctive challenges does the organization face regarding an aging workforce? What can organizations do to plan for the impact that aging may cause? What speci

Depict a graph illustrating the crossover, A company is considering a gear ...

A company is considering a gear assembly that it now purchases from company B. Company B charge $4 per unit with a minimum order of 3000units. Company A estimates that it will cost

Explain how many dollars should you convert to shillings, (Shillings) You a...

(Shillings) You are traveling abroad and have only American dollars with you. You are currently in the capital but you will soon be heading out to a small town for an extended sta

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