Productivity: its effect on cost and profit

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An alternative look at the components of productivity are given. The traditional view of output per manhour is discussed for profit improvement. Other factors and organizational assets are targeted e.g. labor, capital input, fixed assets, and working capital, to determine the cost-benefit of lowering production or capacity to a level where cost effectiveness is at its maximum.

Description

An alternative look at the components of productivity are given. The traditional view of output per manhour is discussed for profit improvement. Other factors and organizational assets are targeted e.g. labor, capital input, fixed assets, and working capital, to determine the cost-benefit of lowering production or capacity to a level where cost effectiveness is at its maximum.

Additional information

Author(s)

Rigby, C.P.Lightcliffe Specialty Wires Ltd.

Publication/Event/Pages

Wire Journal International16(3): 58, 60-61 1983, Paper presented at WAI 52nd Annual Convention, Pittsburgh, PA USA

Year

1983