Asked by stanley kimutai on Jul 02, 2024
Verified
A quantitative measure of the efficiency with which inputs are transformed into outputs is referred to as:
A) sustainability.
B) operations management.
C) productivity.
D) competitive advantage.
E) None of the options listed
Quantitative Measure
Numerical indicators used to evaluate, compare, or track performance or production.
Productivity
The measure of the effectiveness of a production system, usually quantified as the ratio of output to input over a specific period.
Efficiency
The ratio of useful output to total input, highlighting the effectiveness of a process, system, or organization in utilizing resources.
- Explain and determine productivity.
Verified Answer
SP
Shilvi PatelJul 03, 2024
Final Answer :
C
Explanation :
Productivity is the quantitative measure of the efficiency with which inputs (such as labor, materials, and energy) are transformed into outputs (goods and services).
Learning Objectives
- Explain and determine productivity.