Which of the following statistics would be the most useful in determining the efficiency of a car rental company?
A)Inventory turnover
B)Number of employees per car rental
C)Average length of car rental
D)Number of days cars are rented as a percentage of number of days available for rent

Question

Quizplus · Accepted Answer

The number of days that cars are rented as a percentage of the number of days available for rent would give insight into how efficiently the company is renting out their cars. A higher percentage would indicate a better utilization of resources, leading to higher efficiency. The other statistics (inventory turnover, number of employees per car rental, and average length of car rental) may provide useful information, but they may not directly reflect the efficiency of the car rental company.

Which of the Following Statistics Would Be the Most Useful