MGOC20H3 Chapter Notes - Chapter 1.2: Mass Customization, Intime, Espresso
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Dr s examination teguunsul. tn ion its office hns. hr mechanic. Productivity is the ratio of outputs goods andservices resources suchas labour andcapital divided by the inputs. Note production is a measure of output only and not a man of efficiency. System transforminputs to outputs at about an annual 2. 2 increase. Theproductivityincrease is the result of a mix ofcapital 38 of 2. 2 labour 10 of 2. 2 and management 52 of22. 3 management contributes about 52 of the annual increase key variables forimproved labour productivity l basic education appropriate forthe labour force. 4 challenge is in maintaining and enhancing skills in themidst of rapidly changing technology andknowledge. Operations marketing finance are three functions basic to all organizations. Operations management has long history andkeeps evolving g g g. Operations managers are key players for improved productivity. Affluent societies devote more of their resources to services . In canada morethan314 of the workforce are in the.