(18C) Single Resource Productivity Measurement

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extract from the Working with your Business Consultant Professional Calculator series,
Manufacturing Consultant …

formula
PINDX=OUT÷IN

where
OUT = output in units or dollars
IN = input in units or dollars

There are many ways to measure productivity. This section looks at
productivity as a ratio of outputs to inputs - an index - with a single resource.

Labor is a comon resource for productivity measurement. The ratio
of output, in units or dollars, to labor input, in units or dollars, results in a
productivity index that indicates whether labor productivity is increasing or
decreasing..

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