Production refers to the physical output in the production process. For example, 10 cars...but it does not say the 10 cars are made by 10 workers or 100 workers.
Productivity is production with respect to another factor such as time, people, money, etc. For example, 10 cars/day or 10 cars/100workers or 10 cars/$10,000 labor cost, etc.
Production and productivity may not be linear in relationship. If 1,000,000 cars are made daily...that may be high production but if 5 millions workers are needed to achieve this result, than it may be low productivity.
Both production and productivity is a physical mean to compare how good or how bad the production process is. However, the number usually can only give you some indication of the health state of the production process but not the whole picture. For example, we would think that bigger the number for production or productivity is a good thing but that may not be so. Let's say, US has high productivity in car manufacturing...100 cars/day/100 workers. This may be better than 2 cars/day/100 workers because the workers are more hardworking and more productive. However, they may have to work very fast and put in very long hours, so in the long run, the workers may be stressed out and leave or they die at work. So we see that there is indeed an optimal range for production and productivity. Another example, if making a certain chemical is very dangerous to the workers, and it pollutes the environment, then we want to shoot for zero production or productivity.
2007-06-15 03:45:29
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answer #1
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answered by Mr Siberia 4
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Define Production And Productivity
2016-12-16 12:11:53
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answer #2
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answered by ? 4
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These are two different concepts. Productions is how much you make (your output). For example, I made 10 bicycles in my factory would be production.
Productivity is how efficient you are in getting this production. In the same example above, let's say two factories make 10 bicycles each. But Factory A makes these 10 bicycles in 2 hours and Factor B makes them in 5 hours. You would say Factory A is more productive (output/hours = 10 bicycles/2 hours or 5 bikes every hour) than Factory B (output/hours = 10 bikes/5 hours or 2 bikes every hour).
Why is this important?
One way to improve the standard of living is by increasing productivity. Your economy becomes more efficient. You can either keep the inputs the same and get greater production or decrease your inputs and get the same production. So imagine you have to work 8 hours each day. If you can make 2x your income but work the same number of hours, you are twice as productive in generating income and this will improve your standard of living.
2007-06-15 06:22:36
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answer #3
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answered by Tats 3
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hi i'm doing a level business studies i cant completely explain productivity but production is when a product is made, when a business makes something like a car
Productivity is to do with workers I can't think of a definition
2007-06-15 02:58:11
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answer #4
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answered by jen 7
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Production being the amount of product (be it physical product or labor) that is output.
Productivity being the amount of work you get for the cost you are spending.
2007-06-15 03:17:15
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answer #5
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answered by Anonymous
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Productivity is the measure of how much you produce (output)and how much effort/resources you put into producing it (input). It is a measure of efficiency.
Production is the actual amount produced (output), or the act of producing it, without measuring the input.
For example, Production could be described by "10 widgets were made."
Productivity could be described by "10 widgets were made per hour per person."
2007-06-15 02:59:21
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answer #6
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answered by Anonymous
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production is the outcome of productivity...
2007-06-15 03:01:17
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answer #7
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answered by becca9892003 6
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act
2007-06-15 03:31:01
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answer #8
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answered by Anonymous
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