Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

1A) B) A manufacturing shop is designed to operate most efficiently at an output of 1,180 units per day. In the past month, the plant

1A) image text in transcribed
B)
image text in transcribed
A manufacturing shop is designed to operate most efficiently at an output of 1,180 units per day. In the past month, the plant averaged 900 units per day. What was its capacity utilization rate last month? (Round your answer to 1 decimal place.) Capacity utilization rate % A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 24,600 units of output each month. However, it has an absolute maximum output capability of 30,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 16,150 units in October, what is the capacity utilization rate in October for this factory? (Round your answer to 1 decimal place.) Capacity utilization rate %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elements Of Chemical Reaction Engineering

Authors: H. Fogler

6th Edition

9780135486221

Students also viewed these Finance questions