1. An electronics manufacturing firm operates a production line that is designed to have the...

60.1K

Verified Solution

Question

Finance

image
1. An electronics manufacturing firm operates a production line that is designed to have the lowest unit production cost at an output rate of 275 circuit boards per hour. In the month of August, the company ran the line for a total of 185 hours and produced 47,653 boards. What was its capacity utilization rate for August? 10 pts

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students