Formula of shrinkage, attrition, etc

Question

Accepted Answer

Shrinkage formula: (Actual hours worked / Scheduled hours) x 100. Attrition formula: (Number of employees who left / Average number of employees) x 100.

Shrinkage formula calculates the percentage of time that employees are not productive during their scheduled work time.
Attrition formula calculates the percentage of employees who leave the company over a certain period of time.
Other formulas used in operations management include utilization rate, absenteeism rate, and turnover rate.
Utilization rate formula: (Actual hours worked / Available hours) x 100.
Absenteeism rate formula: (Number of absent days / Total number of workdays) x 100.
Turnover rate formula: (Number of employees who left / Average number of employees) x 100.

Accepted Answer

Indent as per weeked days compare old histiry of sale on same this day

FIFO method religiously falloe

Reduce less shelflife articles

While indenting glance over S I H

FESTIVE SEASONS ARTICLE INDENTING

LIKE, DEEWALI, navratri & state.famous festivel which.are the article to be need .

Tight security person to avoid theftning

On All cc cameras always

Formula of shrinkage, attrition, etc

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