3.4.2- Analysing operational performance Flashcards
3.4 Operational management
1
Q
What is capacity?
A
The maximum output that a business can produce in a given period with available resources
2
Q
What is the formula for capacity utilisation?
A
(Output/Capacity) X 100
3
Q
What is the forumla for unit costs?
A
Total costs/Units output
4
Q
What is the formula for labour productivity?
A
Output per period/Nuber of employees