Productivity Archives - Know Industrial Engineering

Manpower productivity formula

Manpower productivity, also known as labor productivity, is a measure of the efficiency of labor in generating economic output. It is typically calculated by the formula, ratio of output (goods or services produced) to the input of labor. The goal of measuring manpower productivity is to assess how effectively human resources are utilized in the […]

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Productivity and Efficiency

Leave a Comment / Productivity, Uncategorized / Melvin Vincent

Really is there any difference between productivity and efficiency ?, What is productivity?, What is efficiency?, Formula connecting productivity and efficiency, Relationship between productivity and efficiency, Example demonstrating the relation between productivity and efficiency, etc. We will discuss all here in detail. Before we move in to our subject, we need to know more about

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Productivity

2 Comments / Productivity / Melvin Vincent

Productivity is one of the most popular word used in the manufacturing or business or competitive world. People who are cost conscious often use this word. Confused?… I will clear the confusion. What is productivity? Productivity can be defined in following way… Productivity is a measure of how much output is produced per unit input.

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