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1. Concepts of Productivity and Labor: Review the concepts of productivity discussed in class, including its definition and importance in production management. Discuss the role
1. Concepts of Productivity and Labor: Review the concepts of productivity discussed in class, including its definition and importance in production management. Discuss the role of labor in productivity and how labor efficiency impacts overall productivity. Explore different productivity measurement techniques, such as output per labor hour, total factor productivity, and multifactor productivity. 2. Selection of Shop and Data Collection: Choose a shop or workplace where you can apply productivity measurement techniques. Collect relevant data including: Number of workers employed. Average wages of workers per hour. Total working hours within a specified period. Output generated by the shop during the same period. Any other relevant parameters related to labor and output. 3. Calculation and Analysis: Calculate the following parameters based on the collected data: Total labor cost (number of workers * average wages * total working hours). Output per hour (total output / total working hours). Labor productivity (output per hour / labor cost per hour). Any other type of productivity calculation possible Analyze the calculated parameters to assess the productivity of the shop. 4. Report and Reflection: Prepare a report summarizing your
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