Productivity Flashcards
1
Q
What is productivity
A
Measurement of how efficiently resources are combined and ultized for an maximum output
2
Q
Labour productivity definition and equation
A
The average output of each employees
Output/number of workers
3
Q
How can productivity be increased
A
Motivation
Better equipment (automation)
Better training
Better inventory control (less waste)
4
Q
Production
A
The process of making products