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Problem 5 3 Algo Hoosier Manufacturing operates a production shop that is designed to have...

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Problem 5 3 Algo Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 115 units per hour In the month of July the company operated the production line for a total of 205 hours and produced 21 400 units of output What was its capacity utilization rate for the month Round your answer to 1 decimal place Capacity utilization rate

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