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what is the capacity utilization rate in October for this factory? (Round your answer to 1 decimal place.)

what is the capacity utilization rate in October for this factory? (Round your answer to 1 decimal place.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 28,500 units of output each month. However, it has an absolute maximum output capability of 35,000 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 22,120 units in October, what is the capacity utilization rate in October for this factory? (Round your answer to 1 decimal place.)

 

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