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Ratios assist warehouse operations understand and benchmark their performance. Match the type of ratio with the appropriate formula. Inventory turnover Answer 1 (cost value of

Ratios assist warehouse operations understand and benchmark their performance. Match the type of ratio with the appropriate formula. Inventory turnover Answer 1 (cost value of annual units sold / cost value of average inventory) On-time shipments Answer 2 (number of orders delivered complete / total number of orders) Order cycle time Answer 3 (number of orders delivered complete / total number of orders) Orders shipped complete Answer 4 (average time from order receipt to final delivery of order) On-time receiving Answer 5 (number of orders shipped complete / total number of orders) Order-fill rate

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