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Given the following information. ...

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Finance

Given the following information.

Maximum capacity (labor hours): 350 hours per week
Effective capacity ratio: 70%
Actual time worked: 243 hours per week over the last two weeks
On-time delivery %: 60 percent of the jobs are being completed on time

a. Calculate the effective capacity and actual utilization. (Round your answers to 2 decimal places.)

b. Do we need to add more capacity?

Yes
No

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