Business - U4

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Capacity
In a business, it is the measure of how much output it can achieve in a given period
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Capacity Utilisation
Percentage of a business' capacity that is actually being used over a specific period of time
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Capacity Utilisation Formula
(Actual level output / maximum possible output) x 100
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Labour Productivity
Labour productivity is the amount of output that is obtained from each employee
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Labour Productivity Formula
Output per period (units) / number of employees
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Other cards in this set

Card 2

Front

Capacity Utilisation

Back

Percentage of a business' capacity that is actually being used over a specific period of time

Card 3

Front

Capacity Utilisation Formula

Back

Preview of the front of card 3

Card 4

Front

Labour Productivity

Back

Preview of the front of card 4

Card 5

Front

Labour Productivity Formula

Back

Preview of the front of card 5

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