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Single factor productivity (SFP) measures the efficiency of a specific input in the production process, typically expressed as the ratio of output to a single input, such as labor or capital. For instance, labor productivity is calculated by dividing total output by the number of labor hours worked. SFP helps assess how effectively a particular resource is utilized, but it does not account for the impact of other inputs or external factors. This metric is useful for identifying areas for improvement within an organization.

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4d ago

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Related Questions

What do you mean when you say productivity is a relative measure?

single factor productivity and total factor productivity


How do you measure productivity?

Partial measures output/(single input)Multi-factor measures output/(multiple inputs)Total measure output/ (total inputs)Productivity =(Outputs/inputs)


What one factor of production the most important?

It is difficult to determine one single most important factor of production as it can vary depending on the context. However, labor is often considered a critical factor as it involves human capital that drives innovation, productivity, and economic growth.


Productivity is the ratio of and .?

Total factor productivity is the ratio of total value added and the total cost of inputs.


What causes productivity to go up?

There are quite a few things that would cause productivity to go up. Efficiency is the number one factor affecting productivity.


What is factor productivity?

A productive factor is an input capable of producing (use- or exchange-) values, such as Nature (land) and labor, Hasmendi (2004). therefore factor productivity is a process in whicha productive factor produces or adds value to the output (goods and services)


What is diminishing factor productivity?

because prduct for dimini9shing porpous for end


When was The Single Factor created?

The Single Factor was created on -19-02-01.


What is a single factor manipulated by a researcher?

A variable factor.


Marvin single from x factor?

yh he is single


What is the conversion factor for 15?

There can be no conversion factor for a single number.


What is the largest single factor of 120?

The largest single factor of any positive number is the number itself.