Answered: Describe several factors that affect…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Describe several factors that affect productivity.

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Step 1

The several factors that affect productivity are:

Step 2

Technical factors: Productivity is all dependent on technology. These factors involve location, layout, size of the plant and machinery, appropriate design of machines and equipment, R&D, computerization, etc. By the use of these factors makes the productivity faster.
Production factors: Production-factors involves productivity. All departments should be planned, coordinated and controlled properly. By the use of appropriate quality of raw-materials and standardised way of processing for the production.
Organizational factor: Productivity has a direct relation to the organizational factors. Authority and Responsibility for each individual and department & line and staff relationships should be stated as well. Division of labor and specialization should be done lead to an increase in organization's productivity.

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