Question

Explain alternative ways of measuring the productivity of inputs and the role of the manager in the production process. Try these problems: 1, 13

Short answer

Facilitate cost, time, output rate, and resource consumption planning and control to enable pricing, production scheduling, purchasing, contracting, and delivery schedules, among other things.

Step-by-step solution

Alternative methods for the producing inputs:

Productivity is a measure of a company's ability to make a product or provide a service. Productivity is also defined as an index that compares the production of goods and services to the input of capital, labour, materials, energy, and other factors. As a result, it can be written as:

Productivity = units of output/units of input

There are two basic methods for increasing productivity: increasing output and lowering input. Organizations can use this method to quantify the productivity of inputs such as labour, machine productivity, capital productivity, and energy productivity in a variety of ways. For a single process, a productivity ratio can be determined for a division, a facility, or the entire organisation

Role of a manager in the production process:

A productivity metric shows how effectively an organization's resources are being utilised to produce outputs from inputs. Because productivity is a relative metric, it must be compared to something in order to be meaningful or useful. This could be similar firms, other departments within the same firm, or previous productivity data for the same firm or department.

The manager's involvement in the production process is as follows:

To define productivity and direct productivity-related behaviour –monitor performance and give feedback - Productivity analysis, including trend analysis, problem identification, and corrective action. - Facilitate cost, time, output rate, and plan resource consumption and control to enable pricing, production scheduling, purchasing, contracting, and delivery scheduling, among other things. - encourage innovation as a means of achieving ongoing improvement.