Productivity is the ratio of outputs to inputs in the production process. It is synonym to the efficiency.
Productivity = Generated outputs / Expended inputs
Productivity
What is
Productivity
Productivity is the ratio of outputs to inputs in the production process. It is a synonym to the efficiency.
Related terms and methods:
- Efficiency
- Production Process
- Productive labour
- Productivity ratios
- Unproductive labour
- Utility
- 3E (Economy, Energy and Ecology) concept
Related management field:
Related software:
- Productivity software
Last update: 07.10.2016
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