Want to calculate multifactor productivity? Enter the output and the combined inputs, and our Multifactor Productivity Calculator Tool will show you the productivity ratio.
Multifactor Productivity Calculator
Multifactor Productivity Calculator
Component | Description |
---|---|
Total Output | The total output produced by the system or organization. |
Total Input | The total input used to produce the output, including labor, capital, and materials. |
Multifactor Productivity | The ratio of total output to the total input used. |
Formula | Multifactor Productivity = Total Output / Total Input |
Purpose | Used to measure the efficiency and effectiveness of a production system, considering multiple input factors. |