Productivity and industrial engineering
What
is productivity?
Applied
in an enterprise, a sector of economic activity or the economy as a
whole, productivity may be defined as an output and input relation.
The
term productivity can be used to asses or measure the extent to which
a certain output can be extracted from a given input. This may
appears simple enough in cases where both the output and the input
are tangible and can be easily measured; however, in cases where
intangibles are introduced measure of productivity can be more
difficult.
Calculation
of productivity
Productivity
can be calculated as follows:
Productivity
and industrial engineering in goods production
In
the case of goods production, the objective is the manufacturing to a
better cost, through the raw material, with productivity of the
primary resources of production: Materials, human resources and
machines. It's on these, where the action of industrial engineers
should address their efforts. Increasing productivity indexes and
reducing production costs, are fundamental tasks of an industrial
engineer.
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