Capital input and total productivity management

Provides an overview of total productivity, in definition, measurement and management. Discusses the challenges of evaluating input and output factors, highlighting the basis of capital input measurement and taking into consideration the issues of inflation, operational capacity and technological change. Places productivity in a performance‐measurement context. Explores the affinity of productivity and its various measures to management accounting with special focus on price recovery and profitability. Devises models for capital input within total productivity, based on replacement cost. Examines and analyses surveys relating to productivity practices and perceptions. Demonstrates the interrelationship of capital and labour inputs with total productivity and its relevance to managerial strategic decision making.