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 instituting formal performance appraisal, What are some prerequisit...

What are some prerequisite conditions that must exist before instituting formal performance appraisal?

How much a social cause marketing can affect decision-making, Read the case...

Read the case study Product RED. From the case study, discuss the reason of REDs success and its impact on consumer marketing. Include in your answer other companies that have b

Explain guidelines on discrimination because of religion, Inez Garcia was b...

Inez Garcia was born in Portland, Oregon. Her mother is from Italy and Jewish. Her father is Mexican. Under the Guidelines on Discrimination Because of Religion or National Origin,

Explain strategic analysis, Strategic analysis is an important first step i...

Strategic analysis is an important first step in setting strategic direction

Explain the consumers have a high debt-to-income ratio, In the U.S., consum...

In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because a. of steady supply of loanable funds in the economy dur

Explain moving averages and exponential smoothing, 1. What is quality funct...

1. What is quality function deployment (QFD)? Provide an example of how it can be used. 2. List the five advantages of successful implementation of group technology. 3. Descr

Polycentric and geocentric attitude toward foreign operation, 3.On page 125...

3.On page 125 the textbook presents three different managerial attitudes towards foreign operations: ethnocentric, polycentric, and geocentric. Let%u2019s correctly define each of

Explain what is the efficiency, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE

Explain project selection, "Project Selection" •For the purpose of completi...

"Project Selection" •For the purpose of completing the requirements of this course, select an actual business or personal project that assumes duration of 15 months and a functiona

Different types of performance objectives, Question : (a) According to...

Question : (a) According to Slack et al. (2001), in any organisation the factors that define customer requirements are referred to as competitive factors which are influenced

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