The equations should have been:
Option 1 : (Hours EARNED + downtime)/Hours worked
Option 2 : (Hours EARNED)/(Hours worked - downtime)
Again, all input is appreciated!
A question has arisen in our department on the correct formula to use for Labor Efficiency using downtime.
Option 1 : (Hours allowed + downtime)/Hours worked
Option 2 : (Hours allowed)/(Hours worked - downtime)
All input is appreciated!