Answer
A partial productivity measure is a metric used in performance evaluation to assess the efficiency of a specific input or factor in a production process. It focuses on measuring the relationship between one input and the output, often expressed as a ratio.
Work Step by Step
For example, labor productivity, which measures the output generated per unit of labor input, is a common partial productivity measure. Partial productivity measures are useful for analyzing the efficiency of particular factors in a production process without considering all inputs or costs, making them a more focused assessment tool.
