relevents partial productivity


The equations of various productivity measurement methods are given below:- A. Physical Productivity Measurement Method:- Labor Productivity = (volume of output) / (Volume of labor input) Material Productivity = (volume of output) / (Volume of material input) Machine Productivity = (Volume of output) / (Volume of machine input) Energy Productivity […]

Productivity Measurement Methods


Productivity Productivity is a relationship between input and output. Productivity= (Output/Input) Productivity denotes the productivness of the factors of production, labour and capital, in citation of wealth (BIMF 1976). It is concerned with the efficient utilization of resources (inputs) in producing goods (output). Efficiency is the ratio of actual output […]

What is Productivity?