Productivity and Quality Tools

The relationship between results and the time it takes to accomplish them

• efficiency

• effectiveness

• productivity

• production

It is the making of goods and services

• productivity

• production

• quality tools

• quality strategies

This refers to a series of events in production in which inputs of different quality and quantity are combined into products of different quality and quantity.

• Income distribution process

• Real process

• Production process

• Monetary process & Market value process

A series of events in which the unit prices of constant-quality products and inputs change, causing an alteration in the income distribution among those participating in the exchange.

• Real process

• Income distribution process

• Production process

• Monetary process & Market value process

It is financing a business and the inputs of production

• Real process

• Income distribution process

• Production process

• Monetary process & Market value process

The objectives of productivity measurement which is a pragmatic way to describe the essence of measured productivity change.

• Technology

• Efficiency

• Real cost savings

• Benchmarking production processes

It measures provide better information about the trades-off among factors, but substantial measurement problems, remain.

• multifactor- productivity

• single- factor productivity

• Productivity measurement

• Productivity Variables

The following are three factors critical to improved productivity except one.

• Labor

• Capital

• Management

• Quality

What is the productivity result if the units produced is 1,300 and the labor hours used is 250?

• 2.5

• 5.2

• 5.22

• 5.02

A factor influencing strategy which is mainly connected with skills and competences in management, marketing, design, research and technology.

• external-environment

• internal

• quality strategies

• productivity