Quantitative versus qualitative measurements, Operation Management

Assignment Help:

Quantitative Versus Qualitative Measurements

A variety of formulae can be used to determine productivity as illustrated. These are generally referred to as 'hard' or quantifiable measures. Another measure of productivity gaining importance are qualitative measures which highlight the increased importance placed on quality within the system. Quality in this case relates not only to final product quality, but also to the quality of workforce, raw materials and transformation facility quality, and also the perceived standard of the job which the worker carries out. The concept of productivity, especially as an American definition, has expanded to try to take into account of the impact that the workplace and the working environment (measured through such features as number of years service, staff turnover, days absence and number of days lost through disputes) have on productivity. Joseph Prokopenko - a senior consultant with the International Labour Organisations' management development branch - is the author of Productivity management - A practical handbook (1987), one of the very few texts available dealing with productivity issues in depth. He is one of a number of productivity authorities at pains to indicate that productivity should not be confused with intensity, especially labour intensity, since organisational (and transformation - of input to output) efficiency, rather than working faster or longer is the key to improvement. There are a number of other misconceptions of what productivity aims to do, mostly as a result of poor understanding of the systems approach, described in Chapter 1 of this unit, being unable to determine the true input to be measured against output or vice versa, confusion of efficiency (being expressed in terms of a speed of production and not efficiency of input transformation) or

confusion of the definition of profit and productivity. 

There are four main classes of input to the system: 

  • Labour
  • Capital
  • Raw materials
  • Services.

 

For measurement purposes, it is normal for these parameters to be expressed in terms of either market value or cash related to a base year (ie related by a discounting factor to a 'year zero' value). This can, however cause some difficulties: for example, whilst labour hours may be measured in terms of the total salary paid to production workers (one of the easier parameters to be measured) particular difficulty can be encountered in the separation and calculation of capital inputs. Outputs can usually be determined on the basis of the value of the goods and services that the organisation supplies to its customers.


Related Discussions:- Quantitative versus qualitative measurements

Explain test market prior to an advertising campaign, A research team condu...

A research team conducted a study of soft- drink preferences among residents in a test market prior to an advertising campaign for a new cola product. Of the participants, 130 are

Explain meeting organizational objectives, Write a 350- to 700-word paper t...

Write a 350- to 700-word paper that defines and compares and contrasts the following: • Innovation• Design• Creativity Describe the importance of the three items in meeting organiz

Transportation, In VAM method when two penalties are same then which one is...

In VAM method when two penalties are same then which one is to be selected

Explain the food stamp and fast foods, Case Study- Food Stamp and Fast Food...

Case Study- Food Stamp and Fast Foods 1. What is the the legal issues involved in the expansion of the SNAP program to the fast food business as well as to how these legal issue

Explain various stressors in such an environment, Today, employers are usin...

Today, employers are using employees more and more in a matrixed environment. What does that mean? How can we contend with the various stressors in such an environment? How do we m

EOQ model, Division X is growing and is in constant need of trained employe...

Division X is growing and is in constant need of trained employees. The demand rate for trained employees is relatively constant at 5 each month. The division can run a gaining p

Explain open-systems and open-space methods, Compare and contrast the open-...

Compare and contrast the open-systems and open-space methods for large-group interventions.

Explain what is strategic human resources management, What is Strategic Hum...

What is Strategic Human Resources Management and how does it link the people with the strategic needs of the business?

Idle time, how to calculate the idle time

how to calculate the idle time

Explain lower control limits for mean and range charts, Determine upper and...

Determine upper and lower control limits for mean and range charts.

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