The Efficiency of a Factory Is 75% and Its Utilization

question 83

Essay

The efficiency of a factory is 75% and its utilization 50%.If effective capacity is 1000 find design capacity.

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Definitions:

Tangible Goods

Physical items that can be seen, touched, and usually kept in inventory, as opposed to services.

Inconsistent Product Definition

A situation where there is a lack of uniformity or clarity in outlining the features and specifications of a product, leading to confusion or variability in production.

Goods And Services

Products that satisfy human wants or needs, which can be tangible items or intangible services.

Knowledge-Based

A system or process that is driven by the understanding, skills, and expertise of its participants rather than by mere access to raw data.