(18C) Multiple Resource plus Inflation Productivity Measurement - Printable Version +- HP Forums (https://www.hpmuseum.org/forum) +-- Forum: HP Software Libraries (/forum-10.html) +--- Forum: General Software Library (/forum-13.html) +--- Thread: (18C) Multiple Resource plus Inflation Productivity Measurement (/thread-11859.html) (18C) Multiple Resource plus Inflation Productivity Measurement - SlideRule - 11-27-2018 03:14 PM extract from the Working with your Business Consultant Professional Calculator series, Manufacturing Consultant … formula MPIND=SALES÷(1+IS%÷100)÷(LABOR÷(1+IL%÷100)+ENER÷ (1+IE%÷100)+PARTS÷(1+IP%÷100)+CAPIT÷(1+IC%÷100)) where SALES = sales in dollars IS% = inflation¹ in product prices LABOR = labor costs IL% = infaltion¹ in labor costs ENER = energy costs IE% = inflation¹ in energy costs PARTS = material costs IP% = inflation¹ in material costs CAPIT = capital costs IC% = inflation¹ in capital costs ¹{must be 0 for base year} There are many ways to measure productivity. This section looks at productivity as a ratio of outputs to inputs - an index - with multiple resources. The productivity index is a ratio, productivity measurement ratio, but more resources are used in the index. Sales are considered the output; labor, energy, materials and capital are the inputs. By watching this index over time, you can track the productivity of your company. This formula can be used for profitability as well as productivity. However, prices and costs inflate at different rates and this must be kept in mind when using the index over time.. SlideRule