productivity class - meaning and definition. What is productivity class
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What (who) is productivity class - definition

AVERAGE MEASURE OF THE EFFICIENCY OF PRODUCTION
Productive; Low productivity; Productivity (economics); Productivity growth; Economic productivity; Productivity in practice; Optimising productivity
  • Labour productivity growth in Australia since 1978, measured by GDP per hour worked (indexed)
  • Labour productivity levels in 2012 in Europe. [[OECD]]
  • Comparison of average labour productivity levels between the [[OECD]] member states. Productivity is measured as GDP per hour worked. Blue bars = higher than OECD-average productivity. Yellow bars = lower than average.
  • Trends in U.S. productivity from labor, capital and multi-factor sources over the 1987–2014 period

Workforce productivity         
  • Productivity and Compensation Growth in the United States, 1948–2016
AMOUNT OF GOODS AND SERVICES THAT A GROUP OF WORKERS PRODUCE IN A GIVEN PERIOD OF TIME
Labor productivity; Work productivity; Labour productivity
Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure.
Total factor productivity         
MACROECONOMIC QUANTITY
Multifactor productivity; Total Factor Productivity
In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g.
Productivity-improving technologies         
  • Adriance]] reaper, late 19th century
  • U.S. airman]] operating a forklift.  Pallets placed in rear of truck are moved around inside with a pallet jack (below).  Where available pallets are loaded at [[loading dock]]s which allow forklifts to drive on.
  • Threshing machine from 1881. Steam engines were also used instead of horses. Today both threshing and reaping are done with a [[combine harvester]].
  • Harvesting oats in a [[Claas]] Lexion 570 combine with enclosed, air-conditioned cab with rotary thresher and laser-guided hydraulic steering
  • An hour's work in 1998 bought 11 times as much chicken as in 1900. Many consumer items show similar declines in terms of work time.
  • A set of six-axis robots used for [[welding]].  Robots are commonly used for hazardous jobs like paint spraying, and for repetitive jobs requiring high precision such as welding and the assembly and soldering of electronics like car radios.
  • The concept of the feedback loop to control the dynamic behavior of the system: this is negative feedback, because the sensed value is subtracted from the desired value to create the error signal, which is processed by the controller, which provides proper corrective action.  A typical example would be to control the opening of a valve to hold a liquid level in a tank.  [[Process control]] is a widely used form of automation.  See also: [[PID controller]]
  • Early IBM tabulating machine. Common applications were accounts receivable, payroll and billing.
  • Vertical milling machine, an important '''machine tool'''. 1: milling cutter 2: spindle 3: top slide or overarm 4: column 5: table 6: Y-axis slide 7: knee 8: base
  • P & H 4100 XPB cable loading shovel, a type of mobile crane
  • The handle on this [[pumpjack]] is the lever for a hydraulic jack, which can easily lift loads up to 2-1/2 tonnes, depending on rating. Commonly used in warehouses and in retail stores.
  • Unloading cotton c. 1900.
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TECHNOLOGICAL INNOVATIONS THAT HAVE HISTORICALLY INCREASED PRODUCTIVITY
Historical productivity; Productivity (historical); Productivity improving tehnologies (historical); Productivity improving technologies (historical); Productivity (economic history); Productivity improving technologies (economic history); Productivity improving technologies
The productivity-improving technologies are the technological innovations that have historically increased productivity.

Wikipedia

Productivity

Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. The most common example is the (aggregate) labour productivity measure, one example of which is GDP per worker. There are many different definitions of productivity (including those that are not defined as ratios of output to input) and the choice among them depends on the purpose of the productivity measurement and data availability. The key source of difference between various productivity measures is also usually related (directly or indirectly) to how the outputs and the inputs are aggregated to obtain such a ratio-type measure of productivity.

Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivity can raise living standards because more real income improves people's ability to purchase goods and services, enjoy leisure, improve housing, and education and contribute to social and environmental programs. Productivity growth can also help businesses to be more profitable.