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Calculating Productivity- Changes in growth for Partial, Multifactor and Total Measures Productivity
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This video discusses Productivity, including the various Productivity Variables (Labor, Capital and Management) and the types of productivity that we can solve for (Partial, Multifactor and Total Measures). We walk through a Multifactor Productivity Example and solve it together, and then conclude with a productivity example at Starbucks. Content derived from the Textbook "Operations Management, Sustainability and Supply Chain" 13th edition by Jay Heizer, Barry Render and Chuck Munson. Chapter 1 on Operations and Supply Chain Management.