Question
A local fertilizer plant has a design capacity of 370 tons per week with an effective capacity of 310 tons per week. It regularly produces
A local fertilizer plant has a design capacity of 370 tons per week with an effective capacity of 310 tons per week. It regularly produces 255 per week.
What is the plant's efficiency rate?
Write your answer as a percentage.
Display your answer to two decimal places.
%
What is the plant's utilization rate?
Write your answer as a percentage.
Display your answer to two decimal places.
%
Step by Step Solution
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Step: 1
Efficiency Rate The efficiency rate represents the plants ability to convert its effective capacity into actual production Calculate the ratio of actu...
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Business Analytics Methods Models And Decisions
Authors: James R. Evans
2nd Edition
321997824, 978-1119298588, 978-0321997821
