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.
Productivity is computed through the comparison of total units of output within an economy to the total units of input within an economy. Productivity is considered an important measure of an economy's ability to expand. In the United States, productivity is measured by the Bureau of Labor Statistics. The principal measure of productivity is labor productivity, which measures the productivity of an economy's workers. Step 1. Identify the real output of the economy. This statistic is typically published by a governmental statistics bureau, and is known as gross domestic product.