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Management Studies

Problem:

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 100 units per hour. In the month of July, the company operated the production line for a total of 175 hours and produced 16,900 units of output.

Required:

Question 1) What was its capacity utilization rate for the month? Give detailed solution with complete calculations.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91147543

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