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Time and Motion Study Volume 13 Issue 10

Work Study

ISSN: 0043-8022

Article publication date: 1 October 1964

55

Abstract

BECAUSE productivity means profitability it is the aim of any manufacturing organization. Too often productivity is thought to be the same thing as increased production. In reality it is very different. The way to increase production is fairly obvious. More machinery is obtained, larger quantities of raw materials are purchased and more workers are engaged. If, for example, these three essentials are doubled production should be twice as much. Production has increased, but if it has not succeeded in lowering the price of whatever is being manufactured what has been gained?

Citation

(1964), "Time and Motion Study Volume 13 Issue 10", Work Study, Vol. 13 No. 10, pp. 9-49. https://doi.org/10.1108/eb048188

Publisher

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MCB UP Ltd

Copyright © 1964, MCB UP Limited

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