Asked by
Adugnaw Bamlaku
on Oct 23, 2024Verified
Productivity is the quantitative measure of the efficiency with which inputs are transformed into outputs.
Productivity
The measure of the effectiveness of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Quantitative Measure
An evaluation tool that uses numerical data to assess performance or outcomes.
Efficiency
The ability to accomplish a task or produce a desired outcome with the least amount of waste, effort, or resources.
- Understand the definition and importance of productivity in operations management.
Verified Answer
DJ
Learning Objectives
- Understand the definition and importance of productivity in operations management.
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