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 how personal selling can help solve the problem, Explain how perso...

Explain how personal selling can help solve the problem of information overload.

Determine the overall project completion time, Question : (a) Under wha...

Question : (a) Under what conditions is PERT preferred to CPM in project management ? Illustrate your answer with examples of projects. (b) Several stages are involved in

Define the main considerations regarding logistics alliances, What are the ...

What are the major considerations regarding logistics alliances, for: a) initiation? b) implementation? c) maintenance? d) termination?

Define importance of training and education, Define importance of Training ...

Define importance of Training and Education. Importance of Training and Education: Training and education bring employees to a standard whether they can carry out industrial

How to determine the capacity requirements, Electronics assembly operates t...

Electronics assembly operates two 8 hours shifts for 275 days per year. Use this information in the table to determine the capacity requirements. Cell Phone Demand forecast (phones

Explain to inspire maximum performance, Many writers have stated that effec...

Many writers have stated that effective objectives should be- A. Broad - to cover many dimensions of the business B. Measurable - to track progress C. Unachievable - to in

Line balancing, what do you understand by line balancing what happens if ba...

what do you understand by line balancing what happens if balance

Calculate the regression equation, The I-10 carpet outlet wants to develop ...

The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores sales are directly related to the number of new housing starts in

Location strategy, Location Strategy It is difficult  to set  down ru...

Location Strategy It is difficult  to set  down rules whereby the problem  of facilities  location  can be  programmed but  there  are a number of factors which  should be  c

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