Annual Multifactor Productivity Calculator

Please enter numbers only!
Yearly Output: This would be your total number of units made or services provided in a year. Some examples might be customers, patients or widgets.
Number of Yearly Employees: Your average number of employees on your payroll in giving year.
Total Yearly Dollars Invested: This is the total amount of money you have invested plus any other you may have borrowed.
Total Yearly Inventory Purchased: The total amount of dollars you have spent to produce the the output number above.
Total Yearly Hours: The total number of hours spent on your machines.
Total Kilowatt-Hours: Total amount of yearly kilowatt hours from your utility bills.

-------Your Productivity Analysis--------
Your Labor Productivity is
Your Capital Productivity is
Your Material Productivity is
Your Equipment Productivity is
Your Energy Productivity is
These Factors Combined is your Total Multifactor Productivity

Multifactor productivity (MFP) measures the changes in output per unit of combined inputs. Indexes of MFP are produced for the private business, private nonfarm business, and manufacturing sectors of the economy. MFP is also developed for 2-and 3-digit Standard Industrial Classification (SIC) thru 1987, and NAICS (North Atlantic Industrial Classification System) thru 2005 for manufacturing industries, the railroad transportation industry, the air transportation industry, and the utility and gas industry.

Multifactor productivity measures reflect output per unit of some combined set of inputs. A change in multifactor productivity reflects the change in output that cannot be accounted for by the change in combined inputs. As a result, multifactor productivity measures reflect the joint effects of many factors including new technologies, economies of scale, managerial skill, and changes in the organization of production.

This measure is frequently used in making productivity comparisons. Check your industry numbers to see where you rank.

#U.S. Department of Labor, Bureau of Labor Statistics[1]

C�mo establecer Metas

ESTABLECER METAS La Llave del Éxito Duradero Recopilación...
Read More
By Marco Vazquez