Operations management views the measurement of productivity as essential for assessing the performance of an organization's productive capacity over a specific time period and in comparison to the competition.

Question

Quizplus · Accepted Answer

Operations management relies heavily on productivity measures to evaluate the efficiency and effectiveness of processes and to identify opportunities for improvement. By comparing their performance to industry benchmarks and competitors, organizations can also gauge their relative competitiveness and identify areas for potential growth and innovation. Thus, measuring productivity is a critical component of operations management.

Operations Management Views the Measurement of Productivity as Essential for Assessing