Question

Productivity may be defined as a ratio between input and output. Work study is the investigation by means of consistent system of the work done in an organisation in an attempt to attain the best utilisation of resources (materials, machines, men, capital, manpower and etc). All the management processes and systems in place are closely related with productivity. Work study is generalised as a set of techniques in which work can be improved, through standardisation, making it similar, effective and more efficient. Productivity is also on the other hand concerned with achieving economies of scale there by achieving more with less, constant urge to do the job better, less costly and more efficient. You are required to identify an operation in an industry or company of your choice thereby identifying any bottlenecks or waste in their product manufacturing, service offering and service delivery performance. You are further required to use any work study techniques of your choice to solve the bottleneck and improve the productivity. Your project should centre around observing the process, identifying the bottlenecks, and introducing techniques of solving the problem and thereby increasing productivity. Your report should indicate the before and after the process. The structure of your assessment should be as follows: 1. Cover page 2. Table of Contents 3. Introduction (problem/product/sector) 4. Work study technique/solutions 5. Results 6. Conclusion 7. References

Answer 1

Productivity signifies the ratio of outputs to inputs and influences economic growth and wages. Firms are willing to pay workers based on their productivity, and work study techniques help identify and alleviate operational bottlenecks to improve efficiency.

Step-by-step explanation:

Introduction to Productivity and Work Study

Productivity is a critical economic indicator that measures the efficiency of production in terms of the ratio between outputs generated and inputs used. It is closely related to the concept of economic growth and wages, as a higher productivity rate usually leads to a more robust economy and better pay for workers. Concerns about productivity often lead organizations to employ work study techniques to identify and address inefficiencies and bottlenecks within their operations.

Link Between Productivity and Wages

Productivity growth influences the average level of wages over time. This is because the compensation for workers is proportionate to the value of the output they can produce. If workers are more productive, as in our hypothetical comparison between Canadian and American breadmakers, they are typically able to command higher wages, as they create more value for their employers.

Improving Productivity Through Work Study

To enhance productivity, one may utilize various work study techniques, such as method study and time study, to systematically investigate and optimize the use of resources. By analyzing the work processes, identifying bottlenecks, and introducing improvements, organizations can achieve economies of scale and enhance their overall efficiency and productivity.