A Factory Produces 1000 Units a Month

question 96

Essay

A factory produces 1000 units a month.If design capacity is 3000 and efficiency is 50% find utilization and effective capacity.

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Definitions:

President

The elected head of a republican state or organization, responsible for leading and sometimes representing the entity in various capacities.

Congress

The national legislative body of a country, particularly in the United States, consisting of the Senate and the House of Representatives.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial stability.

Commercial Banks

Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.