D57 - General Equilibrium and Disequilibrium: Input-Output Tables and AnalysisReturn

Labour productivity is one of the main indicators of continuous performance improvement and it is the assumption of successful corporate objectives implementation. Labour productivity is expressed as an effectively studied entity respectively a part of this entity transforms inputs into outputs. Each measurement of productivity in the corporate sector talks about how to flashback inputs into outputs and must be oriented to meet customer demand. Stoppages reduce productivity, because the duration of stoppage is very closely related to time. In the "battle" with productivity the time factor plays a very important role, decrease in productivity is clearly due to the duration of stoppage.