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Production Estimation

a. Discuss the problems of measuring productivity in actual work situations.
b. How might productivity be measured for each of the following industries?
i. Education (e.g., elementary and secondary education, higher education - undergraduate and graduate)
ii. Government (e.g., the Social Security Office, the Internal Revenue Service)
iii. Manufacturing (e.g., soap and toothpaste, computers, heavy machinery)
iv. Finance and insurance (e.g., banks, insurance companies, brokerage houses)
c. What are the problems of measuring productivity in the Airline industry?

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a. Discuss the problems of measuring productivity in actual work situations.
The problem related to measuring productivity in actual work situation in part related to quantifying knowledge work tasks. Companies categorize work by content and then select the most apt measurement technique. Further, there is a problem linking output to input. For instance, if a firm attempts to measure the output of a single unit of labor, changes in scale of production, changes in managerial techniques, and other such factors also affect output; another problem is that the output indicator is not quantifiable. In the actual workplace there are problems related to measuring labor input. Hours worked by all categories of workers are not the same. The other problems are related to measuring creativity in producing innovations, the productive effects of some labor on other forms of labor, and the quality of labor.
b. How might productivity be measured for each of the following industries?
i. Education (e.g., elementary and secondary education, higher ...

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