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

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

Define what can we learned about business and ethics, Details what can we l...

Details what can we learned about business, ethics, and society.

Describe the key factors of bric economies., The G Banking Group recently r...

The G Banking Group recently reported that it was off shoring (moving) its back-office operations from European country D to India where it already has some significant operations.

Explain what are the pitfalls, Essentially relativism reject the notion tha...

Essentially relativism reject the notion that there is are no absolutes that govern our behaviour. How then do we determine how we behave? How reasonable and plausible is this posi

How to compute the expected labor, The following table shows data on the av...

The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor co

Operation research, six operators are to be assigned to five jobs with the ...

six operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. determine the optimal assignment. which operator will have no assignment

Explain the term organisation structure, Explain the term organisation stru...

Explain the term organisation structure. It is the systematic arrangement of the people doing work for the organisation so as to achieve predecided goals.  This structure is

Dont know, Q. A textile manufacturer is interested in optimally determined...

Q. A textile manufacturer is interested in optimally determined inventories for cutting operations for a children’s product line. The production manager would like to establish th

Explain what is the risk premium for the payoff, A decision maker has the f...

A decision maker has the following utility function. Payoff Indifference Probability 250 1.00 200 .90 100 .80 50 .50 -50 0 What is the risk premium for

Explain government use to facilitate economic development, Reflect upon the...

Reflect upon the IT strategies that are used to encourage economic development. Select two strategies and discuss how economic factors affect the strategies that a government may u

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