Our Presentation Topic is

Objective of this presentation

To know what productivity is;
To know different forms of productivity;
To know how we can measure productivity;
To know how we can improve productivity;
To know how productivity impact on National
Income Level;
Practical problems of related productivity;
Overview of our Presentation
Topic
Effective use of Resources.
Impact on profit, non-profit.
Organizations.
Effect on National Income Level.

Definition of Productivity
Ratio of Output relative to Input used to
produce them.

Productivity =

Forms Of Productivity
Partial-factor productivity
Multifactor productivity
Total factor productivity

Factors Affecting Productivity
Technology
Standardizing processes and procedures
Quality differences
Computer viruses
Searching for lost or misplaced items
Scrap rates
New workers
Labor turnover
Design of the workspace
Bottleneck operation
Incentive plans

Improving Productivity

Developing productivity measures for all operations
Look at the system as a whole in deciding which operations
are most critical,
Developing methods for achieving productivity improvement
Establishing reasonable goals for improvement
Ensuring support from Management
Measure improvements and publicize them.

Productivity At The National Level


Productivity growth

=

It is a key factor in a countrys rate of inflation
It is important for Standard of Living of
countrys people

Problems Solution Of Productivity


Problem: Compute the multifactor productivity
measure for each of the weeks shown. What do the
productivity figures suggest? Assume 40-hour weeks
and an hourly wage of $12. Overhead is 1.5 times
weekly labor cost. Material cost is $6 per pound.
Standard price is $140 per unit.

Count


Count


Week Output (Units) workers Materials (Ibs)
1 300 6 45
2 338 7 46
3 322 7 46
4 354 8 48
Count


Table for calculation of productivity:
1 2 3 4 5 6 7
Week
Output
@ $140
Material
cost @
$6
Labor
cost @ $
Overhea
d cost
Total cost
Productiv
ity
1 42000 270 2880 4320 7470 5.62
2 47320 276 3360 5040 8676 5.45
3 45080 276 3360 5040 8676 5.45
4 49560 288 3840 5760 9888 5.01
Multifactor productivity is dropping steady from higher of 5.62
to lower 5.01 outputs to inputs.
Any questions