11-27-2018, 03:33 PM
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
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