By end of the 1980s, the company was manufacturing residential, commercial and industrial generators, and in 1989, Generac introduced the first gaseous-fueled automatic home standby system. In 1992, Generac began private labeling generator sets for Caterpillar, Inc.
Elements of the Productivity Ratio. The labor productivity ratio, in its simplest form, looks like this: output/input. Simply divide the amount of output you're getting by the amount of work you're putting into it. This requires you to assign numbers to both input and output so that you get a meaningful figure.
Barnes explained that in a broad sense, productivity is the ratio of output to some or all of the resources used to produce the output. Labor productivity may be defined as output per labor hour.. Capital productivity as output per unit capital input. All inputs contribute to the toal productivity of the firm. The focus in motion and time study is productivity of labor, machines, equipment, and facilities.