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.
Labor productivity usually relates. manpower in terms of labor cost to the quantity of outputs produced (Borcherding and Liou, 1986). In other words, the definition of labor productivity is the amount of goods and services. produced by a productive factor (manpower) in the unit of time (Drewin, 1982). In 1883, Littre defined productivity as the âfaculty to produce,â that is, the desire to. produce (Jarkas, 2005).