FormulaDen logo
FormulaDen.com
Search
Physics Chemistry Math Chemical Engineering Civil Electrical Electronics Electronics and Instrumentation Materials Science Mechanical Production Engineering Financial Health

On-Time Delivery Formula

Fx Copy
LaTeX Copy
On-Time delivery is a performance metric that measures the ability of a company to deliver products or services to customers within the agreed-upon or expected timeframe. Check FAQs
OTD=OTUTTU
OTD - On-Time Delivery?OTU - On Time Units?TTU - Total Units?

On-Time Delivery Example

With values
With units
Only example

Here is how the On-Time Delivery equation looks like with Values.

Here is how the On-Time Delivery equation looks like with Units.

Here is how the On-Time Delivery equation looks like.

5Edit=2500Edit500Edit
Solution
Copy
Reset
Share
You are here -
HomeIcon Home » Category Financial » Category Cost Accounting » fx On-Time Delivery

On-Time Delivery Solution

Follow our step by step solution on how to calculate On-Time Delivery?

FIRST Step Consider the formula
OTD=OTUTTU
Next Step Substitute values of Variables
∴ OTD=2500500
Next Step Prepare to Evaluate
∴ OTD=2500500
LAST Step Evaluate
∴OTD=5

On-Time Delivery Formula Elements

Variables
On-Time Delivery
On-Time delivery is a performance metric that measures the ability of a company to deliver products or services to customers within the agreed-upon or expected timeframe.
Symbol: OTD
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find On-Time DeliveryOpen Variable
On Time Units
On Time Units refers to the number of units or products that are delivered to customers within the agreed-upon or expected timeframe.
Symbol: OTU
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find On Time UnitsOpen Variable
Total Units
Total Units refer to the overall quantity of products or items that are manufactured, produced, or handled within a specific timeframe or context.
Symbol: TTU
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total UnitsOpen Variable

Other formulas in Cost Accounting category

​Go Backorder Rate
BR=(NUOTNO)
​Go Conversion Cost
CC=DLC+MOC
​Go Cost of Goods Sold
COGS=BI+PDP-EI
​Go Customer Acquisition Cost
CAC=CSMNNCA

How to Evaluate On-Time Delivery?

On-Time Delivery evaluator uses On-Time Delivery = On Time Units/Total Units to evaluate the On-Time Delivery, On-Time Delivery represents the percentage of orders or deliveries that are completed on or before the scheduled delivery date. On-Time Delivery is denoted by OTD symbol.

How to evaluate On-Time Delivery using this online evaluator? To use this online evaluator for On-Time Delivery, enter On Time Units (OTU) & Total Units (TTU) and hit the calculate button.

FAQs on On-Time Delivery

What is the formula to find On-Time Delivery?
The formula of On-Time Delivery is expressed as On-Time Delivery = On Time Units/Total Units. Here is an example- 5 = 2500/500.
How to calculate On-Time Delivery?
With On Time Units (OTU) & Total Units (TTU) we can find On-Time Delivery using the formula - On-Time Delivery = On Time Units/Total Units.
About | Contact | Disclaimer | Terms | Privacy Policy
© 2024. Developed & Maintained by softUsvista Inc.
Copied!