Describe several factors that affect productivity.
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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