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Marina86 [1]
3 years ago
10

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1

95 units per hour. In the month of July, the company operated the production line for a total of 365 hours and produced 45,400 units of output. What was its capacity utilization rate for the month
Business
1 answer:
Hitman42 [59]3 years ago
8 0

Answer:

124.38%

Explanation:

capacity utilization rate is the rate at which productive capacity or output is being utilized. It is denoted by the equation:

Capacity utilization = [actual output/ potential output] %

= (45,400/365) %

=124.38%

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Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

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The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."

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The new-product process starts with new-product strategy development. Place the steps that follow this one in order. (In other w
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Idea Generation: This steps creates the idea for how the product shall be created.

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