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 average product of labor is the total product of labor divided by the number of units of labor employed, or Q/L. The average product of labor is a common measure of labor productivity. The APL curve is shaped like an inverted âuâ. At low production levels the APL tends to increase as additional labor is added.