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DESCRIPTION
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Types of Productivity
Productivity Growth Rate
Output
Labor
Single Factor Productivity
Output
Materials
Output
Capital
Multifactor Productivity
Output
Labor + Materials + Overheads
Output
Labor + Energy + Capital
Total Factor Productivity
Goods and Services Produced
All inputs used to produce them
Output is of quality nature
America West’s Reverse Pyramid system
This is in contrast to the approach used by many airlines of just boarding all seats starting from the back of the plane and working forward.