In measuring the total factor productivity of an organization,which of the following is a measure of the amount of energy consumed in output production?
A) The number of tons of iron ore required to make one ton of steel
B) The number of units produced
C) The number of hours worked
D) The number of kilowatt-hours consumed
E) The number of employees required

Question

Quizplus · Accepted Answer

In defining total productivity, the contribution of energy is measured by the units of energy consumed (for example, kilowatt-hours).

In Measuring the Total Factor Productivity of an Organization,which of the Following