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Agreed with the answer VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
Labor Productivity
Total People Productivity
Asset Productivity
Of the most productive partial metrics include:
- Labor productivity: Chirely ratio between the output and the number of employees, working hours, number,
- Productivity Material: Chirely ratio between the output and the materials used in production.
- Productivity machines: Chirely and the relationship between the value of production and the number of hours of operation of machinery.
- Capital productivity: Chirely relationship between the production value and the value of the invested capital.
Agreed with expert answers by Mr. Gerogei Assei and Mr. Vinod Jetley.. Productivity aims at optimum utilization of available Materials, Available labor, Machine Hours and also the Capital deployed to bring the production costs maximum under control and keep it minimum possible.
Agreed with all champs!
I echo with Mr. Assi on Labor, Material, Machines and Capital Productivity..