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 […]
OEE is a measure of how well a planned production time of an equipment is utilized to produce good products. It can be measured from 0% to 100%. Its not only the equipment, effectiveness of achieving target number of good products, of all operations, whether it is manual, automatic or semiautomatic can be measured using […]
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