It is essential for business operations to watch out for a couple key measurements that can give the beat of the business to take into account course amendments. Identify several performance measurement tools used in operations research.
Explanation & Answer
Outline on performance measurement tools used in operations research.
Thesis statement: It is essential for business operations to watch out for a couple key
measurements that can give the beat of the business to take into account course amendments.
Customer Satisfaction Score
There are numerous measurements that can be utilized to quantify this – VOC (Voice of
Customer), CSAT (Customer satisfaction), NPS (Net Promoter Score) and so on.
Employee Satisfaction Score
Attrition damages the top line and main concern – everyone knows this now and there is
expanded concentration on more joyful working environments and association culture.
This is one metric that you can pick in light of your vital objective for the day and age by
choosing the numerator and denominator for the yield per unit (profitability).
Money is the life blood of the business – and consequently one the most basic parts of execution
This resemble the mother of all business measurements and the best pointer of a business...
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