Material productivity:
Materials that can be converted into products to be sold, both as raw materials or auxiliary materials such as solvents or other chemicals and paints needed in the process of manufacturing and packaging material. By product design and by use of skilled workmen, material wastage can be greatly reduced. Thus from a given quantity of material more number of pieces can be produced.
For example,
A worker may cut 10 metal discs from a given length of metal plate per hour. A skilled worker by improving the method can cut 12 pieces in one hour. Then in this case, the productivity of material has increased by [(12 − 10)/10] × 100 = 20%.
Productivity = Material cost / Number of units produced
Productivity = Weight of product / Weight of raw material
Overall productivity :
It is the ratio of total output to the sum of all input factors. Thus a total productivity reflects the joint impact of all the inputs in producing the output.
Overall productivity = Profit / Capital involved
![Material productivity: Materials that can be converted into products to be sold, both as raw materials or auxiliary materials such as solvents or other chemicals and paints needed in the process of manufacturing and packaging material. By product design and by use of skilled workmen, material wastage can be greatly reduced. Thus from a given quantity of material more number of pieces can be produced. For example, A worker may cut 10 metal discs from a given length of metal plate per hour. A skilled worker by improving the method can cut 12 pieces in one hour. Then in this case, the productivity of material has increased by [(12 − 10)/10] × 100 = 20%. Productivity = Material cost / Number of units produced Productivity = Weight of product / Weight of raw material Overall productivity : It is the ratio of total output to the sum of all input factors. Thus a total productivity reflects the joint impact of all the inputs in producing the output. Overall productivity = Profit / Capital involved](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAMpPcjUxfSi3SyxZHSPZ2qAw_HFUDwAIGPSRWMrtBAG8ohox0R4Iz4Io8MFNDKtRJGQ4nzAAjNxmdMyr0NVLGBJzph_EYn0p4QM0emjUw8Aw-v62s6aQxcRZeby0nDh-17_2K8rpz2m0-xURpltCMlEu1iFuY0y5sDbFgZlMOTb7kmp6pJQWrdLf9DA/s535/Productivity.JPG "Material and Overall Productivity in Manufacturing")
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