A factory produces 1000 units a month. If design capacity is 3000 and efficiency is 50% find utilization and effective capacity
What will be an ideal response?
Output = Utilization ? Design Capacity gives 1000 = utilization ? 3000, utilization = 33.33%. Next use output = efficiency ? effective capacity to get 1000 = .5(effective capacity), effective capacity = 2000 units.
You might also like to view...
The income statement provides information about
a. assets; b. revenues; c. owner's equity; d. liabilities; e. all of these.
Gross profit ratio equals gross profit divided by net income
Indicate whether the statement is true or false
A question that respondents can answer in an almost unlimited number of ways like "What is your opinion of Cracker Barrel?" is a completely unstructured question
Indicate whether the statement is true or false
____ involves activities designed to improve a team's performance.
A. Team-grouping B. Team-gathering C. Team-building D. Team-storming