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Fuel Price Variability

Purpose -

Measures volatility in fuel prices, helping in budgeting and cost forecasting.

Operational Definition -

Standard Deviation or % Change in Fuel Price Over a Defined Period

Type of Metrics -

Driver

Function -

Transportation & Logistics

Associate Function -

Transportation & Logistics

Desired Trend -

Lower the better

Recommended Frequency - 

Monthly/Quarterly

External References -

https://www.portebrown.com/newsblog-archive/transportation-kpis

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