(18C) Single Resource Productivity Measurement
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11-27-2018, 03:33 PM
Post: #1
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(18C) Single Resource Productivity Measurement
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.. SlideRule |
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