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Introdl, C I Ion: Productivity Is The Output of Any Production Process, Per Unit of Input

Productivity is a measure of output per unit of input. It is measured by dividing total output by total inputs. There are different types of productivity: partial productivity measures the output from individual inputs like labor, capital, materials; total factor productivity measures output relative to total labor and capital inputs; and total productivity measures total tangible output relative to total tangible inputs including resources like knowledge, time and land. Increasing productivity means producing more output with fewer total inputs.
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0% found this document useful (0 votes)
35 views7 pages

Introdl, C I Ion: Productivity Is The Output of Any Production Process, Per Unit of Input

Productivity is a measure of output per unit of input. It is measured by dividing total output by total inputs. There are different types of productivity: partial productivity measures the output from individual inputs like labor, capital, materials; total factor productivity measures output relative to total labor and capital inputs; and total productivity measures total tangible output relative to total tangible inputs including resources like knowledge, time and land. Increasing productivity means producing more output with fewer total inputs.
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PRODUCTIVITY

INTRODl,C I ION
• Productivity Is the output of any production process, per
unit of Input.

• To Iner•-• productivity means to produce more with


less.

• In factories and corporates, productivity Is am-sure of


the ablllty to cr-te goods and services from the given
amount of human resource, capital, land, knowledge,
time or any combination of these above.
INfflON

According to International Labor Organlzatlon(/LO), • The


ratio between the volumes of output Is measure by
production Indices and the corresponding volumes of
labor Input Is measured by the employment lndlceL The
productivity Is a measure of how much Input Is required to
achieve a given output.

PRODUCTIVITY= OUTPUT
INPUT

To Increase productivity, the ratio of outputs to Inputs Is


made as large as practical.
Example

• In case A, 10 products are produced spending 1000


rupees and in case B, 15 products are produced by
spending 2000 rupees.
• Productivity In case A=10/1000
• Productivity In case &=15/2000
In case B, lt:'s a clear Indication that the productivity
has reduced.
TYPES OF PRODUCTIVITY

PARTIAL
PRODUCTIVITY
TOTAL FACTOR
PRODUCTIVITY
TOTAL
PRODUCTIVITY
PARTIAL PROII UC I ■vi I V
• The resources of productivity when me-ured separately
are called as Partial Productivity.
• A measure of partial productivity plays a very Important
role In Improving the productivity.

LABOUR
OUTPUT • LABOUR
PRODUCTIVITY
• INPUT

CAPITAL
PRODUCTIVITY OUTPUT
+ CAPITAL
INPUT

MATERIAL
OUTPUT • MATERIAL
PRODUCTIVITY
• INPUT

- - - - - - - - - - - -- - -
IOIM.FACIOR
• In any production process, many of the resources inputs
are available within the organization, while a few others
are purchased from outside.

TOTAL FACTOR
PRODUCTIVITY -- NET
OUTPUT
:• (LABOUR+CAPITAL)
INPUTS
■ OIAL PRODUCIIVII Y

• The method of calculating productivity considering all


the resources Is called Total Productivity.
• It is systematic and qualitative to approach to complete
the products considering the quality, price and time.
• Total productivity provides a systematic framework and
structure to an organization and Increase prof"ltablllty•

TOTAL TOTAL
TOTAL
TANGIBLE • TANGIBLE
PRODUCTIVITY
OUTPUT • INPUT

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