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 hrm role in the international context, 1. Compare the issue(s) face...

1. Compare the issue(s) faced with the staffing approaches to one of a larger company. 2. Analyze the complexity of the HRM role in the international context. 3. Compare the

Explain maintain its strong brand images, impressive portfolio includes som...

impressive portfolio includes some of the strongest brand names in the world. Additionally, P&G must study its consumers, use long-term perspectives, employ product innovation and

Explain what is the capacity of the line now, What is the capacity of the l...

What is the capacity of the line now? Again, assume the firm has hired a fifth worker, Assume further that tasks are allocated to maximize capacity of the line and that tasks ca

Explain select one and critique its content, Conduct a search of websites t...

Conduct a search of websites that provide Internet presentations. Select one and critique its content, visuals, and the presenter's skills. Make sure to include the URL in your Dis

Define financial institutions in the recent financial crisis, Consider whet...

Consider whether the implementation of the Sarbanes-Oxley Act supports ethical behaviour. Specifically, address Title 3 of SOX and whether you think SOX worked for financial instit

Explain did jeanne do a good job of communicating, Did Jeanne do a good job...

Did Jeanne do a good job of communicating with her manager?

Explain random system component is adequately represented, Suppose 40 obser...

Suppose 40 observations of a random system component have been recorded as shown in the table below (these numbers are sorted). 0.0345 0.1079 0.1313 0.1452 0.1788 0.2101 0.2249

Describe the growth in the service sector, Discuss the growth in the servic...

Discuss the growth in the service sector and the decline of manufacturing in the United States

Explain what are four significant pieces of legislation, What are four sign...

What are four significant pieces of legislation that evolved from the civil rights act of 1964

Explain mcdonald''s prospects of success against competitor, Choose at leas...

Choose at least one of McDonald's competitors and discuss its position relative to McDonald's. Comment on McDonald's prospects of success against this competitor.

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