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.
The difference between 2011 and 2012 is 0.0249 and the percentage difference is 0.0249 divided by 0.8646 = 0.0288 or 2.88%. Examples of productivity measures: Partial measure output/labor or output/capital or output/materials or output/energy Multifactor measure output/labor+capital+energy or output/labor+capital+materials Total measure output/inputs or goods and services produced/all resources needed 5.