Single Factor Productivity Definition and Explanation PDF | Download eBooks
Learn Single Factor Productivity definition in supply chain management with explanation to study “What is Single-Factor Productivity”. Study single factor productivity explanation with SCM terms to review supply chain management course for online MBA programs.
Single Factor Productivity Definition:
Indicates the ratio of goods and services produced (outputs) to one resource (input).
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Single Factor Productivity Explanation:
The single or partial factor productivity can be measured always in terms of single input in the ratio and divided by total number of outputs. Organizations use this method because it measures productivity that is easier to relate with specific process. Options include in the calculation are output/capital, output/labor or output/energy. It can also be measured by some other partial factors such as capital productivity using dollars invested or machine hours, productivity of materials using dollars inventory.
Keep Learning Supply Chain Management Explanations
What are Short Fat Processes?
Numerous associations have understood that the correct arrangement which calls for extreme choices - is going for an undertaking arrangement ...
What is Poka-Yoke?
Poka-burden is a Japanese expression that signifies "botch sealing" or "incidental blunder counteractive action". A poka-burden is any instrument in ...
What is Quality Sampling?
Inspecting is the choice of a lot of components from a populace or item parcel. Testing is as often as ...
What is Just-in-time (JIT)?
In the nick of time' is an administration reasoning and not a strategy. It initially alluded to the creation of ...
What is Product and Service Life Cycle?
The product or administration life cycle is a procedure that pursues the various stages that an item or administration experiences. ...
What is Push Control?
Push Controls is a bespoke, premium quality, profoundly practical and instinctive to work iDevice remote control framework. The Push Control ...