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General aptitude logical maths and comprehensive
posted on 31 Jan 2023
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Utilisation and shrinkage are key metrics in operations management to measure workforce efficiency and productivity.
Utilisation is calculated by dividing the total productive hours by the total available hours.
Shrinkage is calculated by subtracting the total productive hours from the total available hours.
Utilisation rate = (Total productive hours / Total available hours) * 100%
Shrinkage rate = (Total available hours -...
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