operational analysis of a select spinning mill - International ...

9. CONCLUSION
The improvement in profitability depends on the improvement in productivity of an
individuals and operational performance of a company. In this paper the relationship between
production, raw material consumption and yield are arrived to find the behavour of the same.
This can be used for improving the productivity. The Cobb Douglass production function and
prediction of production also exposes the cost areas to be concentrated. Every company can
enhance their productivity and profitability if they improve the operational activities at lesser
cost. These are within the control of the management. Hence, one makes drill down approach to
increase the profitability as well as the productivity by ascertaining the association successfully.
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