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

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2
Q

What is the formula for capacity utilisation?

A

(Output/Capacity) X 100

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3
Q

What is the forumla for unit costs?

A

Total costs/Units output

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4
Q

What is the formula for labour productivity?

A

Output per period/Nuber of employees

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