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Q9PE

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Operations And Supply Chain Management
Found in: Page 41
Operations And Supply Chain Management

Operations And Supply Chain Management

Book edition 14th
Author(s) F. Robert Jacobs
Pages 800 pages
ISBN 9780078024023

Short Answer

A measure calculated by taking the ratio of output to input.

Productivity

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Step by Step Solution

Step 1: Productivity

The amount of output produced with the number of inputs needed to generate similar items/products is known as Productivity.

Step 2: Example of Productivity

Take an example of the textile industry. How quickly the textile industry is producing the clothes for the market is an example of productivity.

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