Consider an online retail company assessing its operational efficiency. The company has applied a metric hierarchy approach to better understand and improve its operations.
Match the following metrics with the correct level in the metric hierarchy they belong to:
- Metric I: Order Fulfillment Time
- Metric II: Average Processing Time
- Metric III: Inventory Turnover
- Metric IV: Stock-Out Frequency
- Metric V: Issue Resolution Efficiency
Choose the combination that correctly places each metric within the hierarchy of Operations for the retail company: