Armes Maini Storage Systems Production Interview Questions and Answers

Operation ratio is a measure of how efficiently a company uses its resources to generate revenue.

• Operation ratio is calculated by dividing operating expenses by net sales.

• A higher operation ratio indicates that a company is less efficient in using its resources.

• For example, if a company has operating expenses of $100,000 and net sales of $500,000, the operation ratio would be 0.2 or 20%.

• A low operation ratio is general...read more