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Which of the following is not true of the measure of productivity? Generally used measure of...

Which of the following is not true of the measure of productivity?

Generally used measure of operational performance Calculated as ratio of outputs over inputs Can only be improved by increasing outputs Measures efficiency of both service and manufacturing operations All of the above.

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Answer #1

Answer: Can only be improved by increasing outputs.

Explanation: Increasing outputs is not the only way to increase the productivity. Productivity can be improved by reducing the input to increase the output. Increasing the input to increase the output. Making changes to the process which helps in reducing the input required for the output. Productivity of a system can be increased in multiple ways and it not only happens by increasing the outputs.

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