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Tuesday, 19 May 2015

PRODUCTIVITY IN PRODUCTION MANAGEMENT




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Note that productivity is thus calculated as;
Total output
Total Input

         OR

Total Goods/Services produce
           Total Services used

We will solve based on the information on these two tables below;


Product 1
Product 2
Output:

Period 1
Period 2
Period 3
Period 1
Period 2
Period 3
Goods:
Partial units:
Dividends:
Interest(Bond):
Other Income:
10,000
2,500
1,000
-
-
12,500
2,600
1,818
-
-
15,000
5,500
1,304
-
-
19,000
2,100
1200
-
-
20,000
2,850
1,802
-
-
12,000
3,200
2,252
-
-
Total Output:
13,500
16,918
21,804
22,300
24,652
17,452



Product 1
Product 2
Input:

Period 1
Period 2
Period 3
Period 1
Period 2
Period 3
Human:
Material:
Capacity:
Energy:
Other:
Expenses:
3,000
153
10,000
540
-
1500
2,400
195
10,909
805
-
3,869
2,100
170
12,712
863
-
1,737
2,480
231
20,000
351
-
2,480
2,790
172
21,818
395
-
4,435
3,100
215
23,729
407
-
7,415
Total Output:
15,193
18,178
17,583
25,540
29,610
34,866







SOLUTION:
Like I said above, productivity is thus calculated;

Total output
Total Input

         OR

Total Goods/Services produce
           Total Services used

Product 1
Product2
Period 1 for product 1:

Productivity = Output
                           Input

                      =  13,500
                          15,193
                    = 0.89  for period 1.

Period 1 for product 2:

Productivity = Output
                           Input

                      =  22,300
                          25,542
                    = 0.87  for period 1.

Period 2 for product 1:

Productivity = Output
                           Input

                      =  16,918
                          18,178
                    = 0.93  for period 2

Period 2 for product 2:

Productivity = Output
                           Input

                      =  24,652
                          29,610
                    = 0.83  for period 2

Period 3 for product 1:

Productivity = Output
                           Input

                      =  21,804
                          17,583
                    = 1.24  for period 3

Period 3 for product 2:

Productivity = Output
                           Input

                      =  17,452
                          34,866
                    = 0.50  for period 3


Note:
The solution must not be tabulated.  You can compute it the way you want.

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