Labor Productivity is determined by the formula: Labor Productivity = Total Output/Labor (Manpower) This formula gauges the efficiency of labor by quantifying the output each worker generates, offering valuable insights into workforce efficiency. Labor Productivity Calculator Labor Productivity Calculator Total Output: Labor (Manpower): Calculate …
Machine Utilization is calculated using the formula: Machine Utilization (%) = (Actual Machine Run Time X 100) / Total Time This formula quantifies the efficiency of machines by measuring the proportion of time they are actively running in relation to the total available time. …
Man to Machine Ratio (MMR) is determined by the formula: Machine to Machine Ratio (MMR) = Total Manpower/Total Number of Machines This formula quantifies the relationship between the workforce and machinery, providing insights into resource allocation and operational efficiency. Man to Machine Ratio (MMR) …