ABSTRACT

Productivity in industry is usually defined as the manufacturing output compared with an input. Output from the production process is compared with a chosen input and is usually expressed either as a ratio or as a percent. Labor productivity is typically measured as the number of production units of product manufactured per labor-hour. This is one example of a measurement of productivity. However, the input need not be laborhours, as other aspects are relevant to productivity. Material productivity is the quantity of production output per quantity of material inputs. Total productivity can be calculated as total output quantity of units of product divided by total quantity of resources input. Any measure of productivity is simply the total saleable output compared to the chosen resource input, whether it is labor hours, material, or whatever.