Single factor productivity (SFP) measures the efficiency of a specific input in the production process, typically expressed as the ratio of output to a single input, such as labor or capital. For instance, labor productivity is calculated by dividing total output by the number of labor hours worked. SFP helps assess how effectively a particular resource is utilized, but it does not account for the impact of other inputs or external factors. This metric is useful for identifying areas for improvement within an organization.
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