QSM STUDY GUIDE QUESTIONS WITH COMPLETE SOLUTIONS

Productivity - Ratio of output to input Outputs - Good/service Input - Factors of production Labor Productivity - Ability and capability of labor to produce given level of output at a fiven time Capital Productivity - Measures if efficiency of meachine and equipment Land Productivity - Measures of efficiency in the land use Raw Materials Productivity - Measures of efficiency in converting raw material to finished goods Energy Peoductivity - Energy use Management Productivty - Measures of its efficiency as reflected by rhe productivity level of the various factor Total Productivity - Overall efficiency of all the resources Internal Factors - Included inside the dynamic and the production oreocess of the company External Factors - Physically purside of the company but affects the peoductivity Weather - Factors affecting labor productivity W Overtime - Factors affecting labor productivity O Not enough manpower - Factors affecting labor productivity M Influence - Capacity to have an effect on the development or behavior of someone or the effect itself Capacity - FI: Things to be compelling force t