A manufacturing shop is designed to operate most efficiently at an output of 1,070 units per day. In the past month, the plant averaged 840 units per day. What was its capacity utilization rate last month? Note: Round your answer to 1 decimal place.
A manufacturing shop is designed to operate most efficiently at an output of 1,070 units per day. In the past month, the plant averaged 840 units per day. What was its capacity utilization rate last month? Note: Round your answer to 1 decimal place.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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A manufacturing shop is designed to operate most efficiently at an output of 1,070 units per day. In the past month, the plant averaged 840 units per day.
What was its capacity utilization rate last month? Note: Round your answer to 1 decimal place.
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