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Summary of Class Activity 1 conducted on June 11, 2013
The Smart Se7en and 1/2Team Type of
EntityManager Target
AchievedApproach
KaelynAayushAbhishekAnanyaYashwardhanRahul
Private Kaelyn was was instructed to meddle in team’s effort by the teacher
496/500 • Identified a strategic method• Designated a target of 10 numbers to each
participant• 2/6 delegated additional numbers
following completion of the 1st one• Supervisor turned out to be the nice guy
instead of a micro-managerTE: Assumed no hierarchy but it existed that may have led them to not achieve target
NaomiLisa MarieCandiceKarinaHazelAradhya
Public Sector
None selected
431/500 • Team focused on performing tasks• Team realised target won’t be achieved• 3/6 were assigned with quality checks and
auditing• Adopted time consuming approaches to
present outputTE: While quality is key, audits by so many resources was unnecessary
Team Type of Entity
Manager Target Achieved
Approach
JasonRandallAkashDavidJoel
Cooperative None 451/500 • Identified a strategic method and adopted both• Designated a target of 10 numbers to each
participant• Initially, adopted time consuming approaches to
present output and later on corrected the error• Participants were asked to do their own quality
checks• One person was assigned to collate and recheckTE: May have lost on time due to focus on presentation
SparshDhruvAditiShaadmanSarona
Sparsh: selected by Teacher
461/500 • Supervisor initially sought out information from secondary sources• Team identified the strategic approach• Designated a target of 10 numbers to each
participant• One of them turned out extremely efficient and was
boosted to do more• Quality checks within the teamTE: May have spent too much time planning and understanding possible approaches
The Smart Se7en and ½ (Contd…)
Team Type of Entity
Manager Target Achieved
Approach
VishishtKrishenFaisalRahulShivam
Household A team of freelancers
Krishen: selected by Teacher
458/500 • Began with standard approaches and adopted the strategic one later on
TE: May have lost on time due to mixing of two approaches.
DipikaNamrataCarolDeniseMonicaDeepali
NGO Dipika: Instructed by teacher to not get directly involved in the task
470/500 *minus 450-460
• Did not adopt the strategic method even after discovering it at a later stage• Team was unaffected by manager defecting and
continued with their respective tasks• Didn’t bother to confront the manager because of
complete focus on the taskTE: May have completed the task if the manager had also contributed
DhanashreeAnkitaAllanShubhamHanaSeret
Govt Dhanashree: selected by Teacher
Unknown • Adopted standard and strategic approach• Task was over targeted for team • There were disagreements with approaches and
targets• Lack of coordination among team members
The Smart Se7en and ½ (Contd…)
Introduction to Production
Prepared by Bhakti JoshiJune 13, 2013
Did Paper Just Happen?
Paper does not happen easily…
CELLULOSE MANUFACTURING PROCESS
TransformationFruits, Vegetables and
Meat
Minerals like Copper, Iron ore
Chemicals
Cable wires, towers, etc
Burgers, Pizzas, Home-made food, etc
Utensils, Wires, Construction
Medicines, Pesticides, Cosmetics, Fertilizers, Defense, Dyes,
Surgeries, Bridges, Network
Transformation (Contd…)
RADICAL CHANGE
NO RESEMBLANCE
Product AND/ORService
Elements of Transformation
Fruits, Vegetables and Meat
Minerals like Copper, Iron ore
Chemicals
Cable wires, towers, etc.
Burgers, Pizzas, Home-made food, etc
INPUTS OUTPUT
Utensils, Wires, Construction
Medicines, Pesticides, Cosmetics, Fertilizers, Defense, Dyes,
Surgeries, Bridges, Network
Input & Output
Input
• An amount put in• A component• An act or process of
putting in• A stimulus that acts
on and is integrated into a bodily system
Output
• A result of a process• Material produced,
manufactured or yielded
• Something produced by a machine, factory, company or an individual in a period of time
Contextually Input & Output means…
Wood pulp, solvents and chemicals Paper
Meat, Vegetables, breads, etc Burgers
Copper, alloys like tin, zinc (Bronze)
Pipe fittings, pumps, Statues
Softeners, Bleach, Enzymes, CMC, etc.
Laundry Detergent
Input Output
•Land•Water•Electricity• Intermediate
goods•Labour•Capital goods•Entrepreneur
Basic Raw Materials
Production Function
Simplified definition in economics:q = f (K,L)*
where,q = outputK = capitalL = labour
*The production function also includes other aspects discussed in class but are subjective across industries
Production Function
Simplified definition in economics:q = f (K,L)*
where,q = outputK = capitalL = labour
*The production function also includes other aspects discussed in class but are subjective across industries
DefinitionProductivity is commonly defined as a ratio of a volume measure of output to a volume measure of input use OR
Productivity = Output Input
Generated from
production or service
Provided to create this
output
The concept of productivity can be applicable to any economy, business (small, medium and large), government and individuals
Numerical Example 1
Britannia Industries produces 30000 units of biscuits in October and the number of workers employed during this months was 30. These workers normally work 8 hours a day. Calculate the productivity for the month of October.
30000/30 = 1000 units per
labour
OUTPUT
INPUT• Total Hours worked by
workers = 30 workers * 8 hours = 240
• Total working days = 20 days. 4 weeks in a month * 5 working days.
• 240*20 = 4800
30000/4800 = 6.25 units per
hour
Criticism of Productivity Measurement
• Assumes use of skilled workers• Assumes productivity and profitability to be
synonymous• Confusion with efficiency (how well are the
resources utilized) and effectiveness (how well the targets are set or the results are accomplished)
• Aimless goals setting
Productivity Measurement - TypesPartial Factor Productivity
Total Factor Productivity
Multi-Factor Productivity
Labour
Capital
Labour Capital
Capital Labour Energy Materials
Email: bhaktij@gmail.comWebsite: www.headscratchingnotes.net
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