Labor Productivity Is Defined as Output Per Hour of Work

question 88

True/False

Labor productivity is defined as output per hour of work.

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Definitions:

Capacity Plan

Identifying the necessary production capabilities of an enterprise to fulfill varying product demands.

Production Plan

An outline of what a company plans to produce, in what quantities, and when, to meet anticipated demand.

Erroneous Dimension

A mistaken or incorrect measurement or aspect within a dataset or analysis.

Quantity

The measurement or amount of something, numerically represented, indicating how much or how many are present or required.