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Abc limited has a production capability of 2.4 million units but currently produces less than 1.3 million units. To reach 75% utilization level at which
Abc limited has a production capability of 2.4 million units but currently produces less than 1.3 million units. To reach 75% utilization level at which it is beak even point capacity needs to be reduced by 30%. The company plans to reduce capacity to 1.65 million units which is 82% utilization. The managers intends to close 5 factories which employs 16000 employees therefore cutting capacity by 30% which has a utilization of 80%. Come up with three quandratic equations from the above information
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