1/3
Flashcards covering labour productivity definition, formula, and calculation based on provided examples.
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
What is labour productivity?
Labour productivity is a measure of the output per worker in a given time period.
How is labour productivity calculated?
Labour productivity equals the output per period divided by the number of employees during that period.
If output in a given month is 18,000 units and 40 people are employed during that month, what is the labour productivity?
The labour productivity is 450 units per worker (18,000 units / 40 employees).
Mockers Auto Cars Parts' output in a given month is 25,000 units and 20 people are employed. Calculate the labour productivity.
The labour productivity is 1,250 units per worker (25,000 units / 20 employees).