Edition Ppt Verified — Operations Management By William J Stevenson 13th

$$ \text{Capacity Utilization} = \frac{\text{Actual Output}}{\text{Maximum Potential Output}} $$

$$ \text{Lead Time} = \frac{\text{Total Time}}{\text{Number of Units}} $$

$$ \text{Inventory Turns} = \frac{\text{Cost of Goods Sold}}{\text{Average Inventory}} $$