Multiple Choice
All of the following are problems associated with total factor productivity EXCEPT:
A) it is a useful tool to measure efficiency.
B) managers find the calculation complex.
C) it converts all factors into dollar factors.
D) it does not consider the exact contribution of an input to an output.
E) each input is typically measured in different units.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: CRM systems have two interconnected components: sales
Q21: Total factor productivity is a measure of
Q22: In measuring the total factor productivity of
Q23: Write a note on improving efficiency and
Q23: Flexible manufacturing systems attempt to increase the
Q27: A manufacturing organization can produce _ cost
Q33: It follows that if setup times for
Q77: The measure of the efficiency of a
Q91: "Quality" refers to the amount of inputs
Q108: An advantage of JIT systems is that