Discuss the difference between production and productivity
Q: “Efficiency implies cost-effectiveness, but cost-effectiveness does not imply efficiency” Explain…
A: Cost-effectiveness is defined as achieving maximum quality at a low cost whereas efficiency is…
Q: a) Compute the labor productivity and the multifactor productivity for each unit. Use an eight hour…
A: WE ARE GIVEN WITH NUMBER OF EMPLOYEES WITH THEIR NUMBER OF HOURS WORKED AND HOURLY WAGE RATE, COST…
Q: A tire manufacturer produces auto tires.It currently produces 740 tires each 8 - hour shift. If the…
A: We would understand and solve the problem in step 2. Please refer to step 2 for a detailed solution.
Q: Discuss what is meant by productivity and explain the ways in which productivity can be improved?
A: Productivity is a metric that indicates the efficiency of the inputs used to create the intended…
Q: With one (1) example each, state and explain five (5) outputs derived from a business.
A: Five outputs derived from a business policy is as follows:
Q: A candy bar company made 100 million bars last year, sold for $1 each. and also paid 100 people last…
A: PRODUCTION - 100,000,000 BARS /YEAR TOTAL REVENUE GENERATED - 100,000,000$/YEAR PAID 100 EMPLOYEES…
Q: - percent change in productivity for or no month thir vanr a multi nctor bn
A: Multifactor productivity indicating the proportion between total output and total input. Here, we…
Q: Discuss briefly what are the components of productivity?
A: Productivity can be increased in various methods, including obtaining high-quality raw materials at…
Q: Describe what is meant by productivity and discuss the ways in which productivity can be improved?
A: Productivity is a metric that indicates the efficiency with which inputs are used to create the…
Q: Name some of the advances being made in technology that enhance production and productivity
A: Organizations can enhance their production and productivity with the help of a number of…
Q: Reflect on how higher productivity can lead to improved competitiveness
A: Higher productivity can lead to improved competitiveness in the following ways -
Q: Explain the diff erence between production and productivity
A: Production and productivity are the two terms often used in the business operations of a firm. Be it…
Q: How is shrm related to productivity
A: The success of an organization depends on the contribution of the employees. If the employees are…
Q: The following table shows data on the average number of customers processed by several bank service…
A: Given , hourly wage rate is $25 overhead rate = 1.0 times labour cost and , material cost = $ 5 per…
Q: A-Calculate the total productivity measure for this company for both years B-calculate the partial…
A: Given- Financial data for last two years-
Q: Explain what are the productivity variables
A: Productivity variables contribute to the performance of a variety of components, including labor,…
Q: Discuss how a homemaker can manage her energy for efficiency
A: A homemaker may manage energy similarly to employees in the following ways: The homemaker should…
Q: Discuss why can the external elements cause an increase and decrease in productivity
A: Productivity is a measure of a manufacturing operation's efficiency. It illustrates how effectively…
Q: Make a list of elements that can effect productivity as well as solutions to improve productivity be…
A: "Productivity" is a concept that relates to the ratio of input to output. Every firm will strive to…
Q: In a furniture manufacturing factory, employees assembled an average of standard dining chairs per…
A: Labour productivity Labour productivity the quantity of ptoducts or services that can be finished by…
Q: Below are the reason why we need automation, except: Select one or more: a. To improve worker…
A: Productivity is the relationship between the number of inputs and output used in the production…
Q: Factors that may influence the measurement of productivity are a. quality. b. external…
A: Productivity measurement is the determination that how well the company used the inputs to achieve…
Q: Single-factor productivity: remains constant usually uses labor as a factor is never constant uses…
A: Quality refers to the degree of excellence of something. Quality has some standard on the basis of…
Q: Multi factor productivity:a) remains constant.b) is never constant.c) usually uses substitutes as…
A: Multifactor productivity is used to measure the amount of the output from different combined inputs…
Q: Critically discuss the term ‘productivity’
A: Productivity is usually defined as a proportion between the production volume & the capacity of…
Q: Describe the differences between productivity and its subcomponents (total measure productivity,…
A: Productivity is a measure of economic performance that contrasts the number of products and services…
Q: Compare and contrast the term efficiency to that of effectiveness. Give an example of each.
A: Efficiency can be defined as subtracting or reducing unnecessary factors that are slowing down a…
Q: What are the factors critical to improved productivity?
A: Productivity is an essential indicator for measuring a company's efficiency; the more output…
Q: Describe the inputs, transformation process, and outputs of the production system?
A: Production system refers to the process of collecting and combining a variety of inputs to develop…
Q: What is a single productivity factor?
A: Productivity is a commonly overlooked idea. The main explanation is that, on a macro and micro…
Q: Discuss the relationship of efficiency and effectiveness and how to achieve this.
A: Efficiency is a degree of the number of resources compulsory to accomplish the output, for example,…
Q: AI Maha company produces 1000 units in a ten-hour day by 6 workers who use 400 kilos of raw…
A: Given data: Production = 1000 units per day Working hours = 10 hours per day Number of workers = 6…
Q: How does productivity growth affect the economy?
A: Productivity growth is when the value of outputs produced is greater than the value of all the…
Q: Create a list of the factors that can affect productivity as well as specific strategies for…
A: The ratio of input to output is referred to as "productivity." Every company will strive to maximize…
Q: What is productivity? Describe the factors of productivity.
A: Productivity refers to a measure of efficent manufacturing or production process. It is measured as…
Q: The service sector provides a special challenge to the accurate measurement of productivity and…
A: The productivity of an organisation is the total output volume divided by the total input volume.…
Q: How can the single factor productivity be calculated/
A: You can measure employee productivity with the labor productivity equation: total output / total…
Q: A paper factory produces 70,000 paper each week. The equipment used costs $10,000 and will remain…
A: Productivity is a measure of performance that compares the goods and services produced (output) with…
Q: What are three security measures that will help a company while reducing productivity?
A: Productivity:- The efficiency with which workers produce goods or services in an organization. The…
Discuss the difference between production and productivity ?
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