Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 03, 2024

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 125 units per hour.

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 125 units per hour. In the month of July, the company operated the production line for a total of 225 hours and produced 24,400 units of output. What was its capacity utilization rate for the month? Note: Round your answer to 1 decimal place

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Information Systems In Organizations People, Technology, And Processes

Authors: Patricia Wallace

1st Edition

0136115624, 9780136115625

More Books

Students also viewed these General Management questions

Question

★★★★★

Does compliance with ISO 27001 mean that a data center is secure? Does it mean that no security threat against compliant data centers will be successful? What does it mean?

Answered: 1 week ago

Question

★★★★★

In Example 1, change the element 7 to 5 and then find the inverse using the same method. Data from Example 1 Find the inverse of the matrix First, we interchange the elements on the principal...

Answered: 1 week ago

Question

★★★★★

The arrival of airplanes at an airport can be modeled by a Poisson process with a rate ???? = 5 arrivals per hour. (i) What is the probability that there will be at least one arrival between 3:30...

Answered: 1 week ago

Question

★★★★★

Shady Shades, Inc., manufactures artistic frames for sunglasses. Talia Demarest, controller, is responsible for preparing the companys master budget. In compiling the budget data for 20x1, Demarest...

Answered: 1 week ago

Question

★★★★★

Problem 01: Karnaugh Maps from Expressions (a) Use the Karnaugh-map method to simplify the expression Y = AC + ABC +ABT+BC. (b) Use the Karnaugh-map method to simplify the expression Z =...

Answered: 1 week ago

Question

★★★★★

If $6000 is deposited at the end of each half year in an account that earns 6.5% compounded semiannually, after how many half years will the account contain $190,000? (Round your answer UP to the...

Answered: 1 week ago

Question

★★★★★

Community Hospitals provide medical services for patients who require a short period of continuation of care, usually after their discharge from the acute hospitals. The types of care at the...

Answered: 1 week ago

Question

★★★★★

Stock price: $200 Exercise (Strike) price: $200 The stock price will either rise to $300 or fall to $125 at the end of one year. Risk free rate: 4% annual Option life: 6 months CALL OPTION=$44.24 1....

Answered: 1 week ago

Question

★★★★★

SR Company manufactures two types of Computers, CX1 and CX2. The labour rates per hour for design is $75 per hour while for that of testing and inspection is $40 per hour Other information on each...

Answered: 1 week ago

Question

★★★★★

Your team is asked to develop a critical and innovative piece of software for an online banking application of Pakistan Bank Limited , where there is absolutely no margin for error. Using function...

Answered: 1 week ago

Question

★★★★★

9. Cost of Quality (3 marks) The Operations Manager at Solstella Energy would like to update their facility with some newer technology, however the accounting department is adamant that their current...

Answered: 1 week ago

Question

★★★★★

7. Find four examples that illustrate the statement: Beyond a certain point, open-ness regarding information and communication can become detrimental to relationships.

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts:

Answered: 1 week ago

Question

★★★★★

1. To gain knowledge about the way information is stored in memory.

Answered: 1 week ago

Previous Question Next Question