1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stealth61 [152]
3 years ago
8

A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 19,200 uni

ts of output each month. However, it has an absolute maximum output capability of 23,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 13,280 units in October, what is the capacity utilization rate in October for this factory?
Business
1 answer:
icang [17]3 years ago
8 0

Answer:

69.17%

Explanation:

The capacity utilization rate measures how much actual output is being produced compared to the maximum output capability of the factory or machine, or in this case, the most efficient output.

It is calculated by dividing current output by maximum possible output = 13,280 units / 19,200 units = 0.6917 x 100 = 69.17%. It is generally shown as a percentage.

In this case, we are not using the total potential output (23,000 units) because the most efficient level is lower (19,200 units) and should generate higher profits.

You might be interested in
A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu
gladu [14]

Answer:

c. 70% / 81% / 90%

Explanation:

Loan to Value ratio LTV is the ratio of borrowers principal loan balance to the appraisal value of the property. Combined Loan to Value Ratio CLTV is the ratio which considers the sum of all the loan taken on the property. High loan to Value ratio is the one which loan is exceeding by the value of borrowers home.

8 0
3 years ago
HIIIIIIIIII IN THE CAR
kakasveta [241]

Answer:

That´s so cool...... don´t forget to be thankful you have a car

Explanation:

3 0
3 years ago
Read 2 more answers
The United States economy is considered by the Institute for Management Development to be the most competitive economy because:_
ziro4ka [17]

Answer:

a. of widespread entrepreneurship.

Explanation:

According to the Institute for Management Development, a business education school that is situated in Lausanne, Switzerland. In its annual rankings on the performance of 63 economies across the globe. In 2018 rated the United States of America as the topmost economy in competitiveness. Based on various data gathered and surveyed, the education school cited "widespread entrepreneurship" as the major reason behind it.

8 0
3 years ago
Category Value Net exports $ 50 Value of new goods and services produced in the underground economy 75 Personal consumption expe
serious [3.7K]

Answer:

Net exports $ 50

New goods and services $75

Personal consumption expenditures $300

Value of the services of stay-at-home parents $25

Gross domestic investment $100

Government purchases $50

Total $600

Explanation: All these values ​​are used to calculate the balance of payments of a country and represent the changes that occur in the accounts to maintain the balance of the economy

3 0
3 years ago
Read 2 more answers
If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Appropriation to retained earning is
    15·2 answers
  • Help please.........
    5·2 answers
  • Assume Brad has a choice between two deposit accounts. Account WH has an annual percentage rate of​ 7.35% with interest compound
    5·1 answer
  • Ravena Labs., Inc. makes a single product which has the following standards: Direct materials: 2.5 ounces at $20 per ounce Direc
    8·1 answer
  • In two to three sentences, list the tree steps for effective decisions using marginal analysis
    6·1 answer
  • "Health care is so special that price will never matter. People will either buy what medical care they need, or else they will j
    15·1 answer
  • A corporation called an outstanding bond obligation four years before maturity. At that time there was an unamortized discount o
    7·1 answer
  • When the federal government raises less money than it spends in a year it is called?
    8·1 answer
  • Assume the Crash Davis Driving School has a 13.1 percent ROE and a 30 percent payout ratio. Required: What is the sustainable gr
    13·1 answer
  • A hurricane has recently disrupted supply chains and manufacturing plants in the Southeastern United States. How would this
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!