Productivity can be measured by two types which are following below :
Total productivity Index / Measure = Total output / Total input
It can also be measured by Total production of goods and services / Labour + material + capital + Energy + management
Labour productivity Index / Measure = Output in unit / Man hours worked
Machine productivity Index / Measure = Total output / Machine hours worked
Management productivity Index / Measure = Output / Total cost of management
Land productivity Index / Measure = Total output / Area of land used
Partial measure can be measure by :
- By aggregate basis
- On an individual basis
Total productivity Index / Measure = Total output / Total input
It can also be measured by Total production of goods and services / Labour + material + capital + Energy + management
Labour productivity Index / Measure = Output in unit / Man hours worked
Machine productivity Index / Measure = Total output / Machine hours worked
Management productivity Index / Measure = Output / Total cost of management
Land productivity Index / Measure = Total output / Area of land used
Partial measure can be measure by :
- Output / Labour
- Output / Capital
- Output / Materials
- Output / Energy