Jul 21, 2017

How can the factory improve its productivity?

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OPM Disscussion Board: Productivity


You have been brought in as a consultant for a factory which is not making as many goods as it made last year.

Explain how you would calculate the productivity at the factory.

How can the factory improve its productivity?


Productivity Name: Institution: Measuring the level of productivity is tied to the level of inputs compared to the outputs at any one given time. As such productivity is taken to be the ration of inputs to the level of outputs with close reference to time. Given that the firm has a specific number of employees working on a specific line within a stipulated time span, productivity can be extrapolated


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