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Define productivity. Explain partial measures of productivity with suitable examples.
written 8.0 years ago by gravatar for savipatil92 savipatil92 • 50 modified 3.8 years ago by gravatar for sagarkolekar sagarkolekar ★ 11k
industrial engineering and management
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written 8.0 years ago by gravatar for savipatil92 savipatil92 • 50

Productivity:

The ratio between the volume of output as measured by production indiced and the corresponding volume of labour input as measured by production indices and the corresponding volume of labour input as measured by employment indices.

The following three basic types of productivity:

  1. Partial productivity
  2. Total factor productivity …

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