Asked by Kassidy Trovato on Jun 29, 2024
Verified
Productivity measures the efficiency with which inputs:
A) are utilised into workflows.
B) provide yield ratios.
C) are captured as measurements.
D) are efficiently streamlined.
E) are transformed into outputs.
Productivity
The measure of how efficiently resources are used to produce outputs.
Inputs
Resources used in the production process to generate outputs, including raw materials, labor, and capital.
Transformed Into Outputs
The process of converting inputs such as raw materials, labor, and energy into finished goods or services.
- Characterize and assess productivity.
- Know various manufacturing technologies and their impacts on productivity.
Verified Answer
ZK
Zybrea KnightJul 02, 2024
Final Answer :
E
Explanation :
Productivity is essentially about how effectively inputs (such as labor, materials, and energy) are transformed into outputs (goods and services). This transformation process is the core of productivity measurement.
Learning Objectives
- Characterize and assess productivity.
- Know various manufacturing technologies and their impacts on productivity.