Productivity and Efficiency

Standard Hours

Standard hours convert output through the standard rate.

highlighted = computed this step

Standard rate

The standard rate is 5 units per hour.

standard rate=5\text{standard rate}=5
Productivity and efficiencyThe chart shows actual hours, standard hours, productivity, and efficiency.productivity and efficiencyproductivity 4; efficiency 4/5actual hoursactual hours 24standard hoursstandard hours 96/5what-if hourswhat-if hours 20measurevalueformulaoutput96givenlabor hours24givenproductivity4output / hoursstandard hours96/5output / rateefficiency4/5standard / actualwhat-if efficiency24/25standard / what-ifdeterministic labor ratio arithmetic only

Standard hours

Standard hours are 96/5.

96/5=96/596 / 5 = 96/5
Productivity and efficiencyThe chart shows actual hours, standard hours, productivity, and efficiency.productivity and efficiencyproductivity 4; efficiency 4/5actual hoursactual hours 24standard hoursstandard hours 96/5what-if hourswhat-if hours 20measurevalueformulaoutput96givenlabor hours24givenproductivity4output / hoursstandard hours96/5output / rateefficiency4/5standard / actualwhat-if efficiency24/25standard / what-ifdeterministic labor ratio arithmetic only