Chapter 5 Question 6.
I am unable to understand answer at the back. Please help.
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Open tuition Notes Chapter 5 Question 6
Labour turnover ratio was defined jn the notes as:
Number of replacement staff/average number of staff
Average = (1000 + 800)/2 = 900
Replacement = 100
LTOR = 100/900 = 0.111 or 11.1%
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