Exhibit 23-8 ​

question 74

Multiple Choice

Exhibit 23-8
​
​
-Refer to Exhibit 23-8. Average total cost at the profit-maximizing level of output equals

• A)$55.00.
• B)$63.33.
• C)$59.00.
• D)$54.00.
• E)There is not enough information given to answer this question.

---

Definitions:

Efficiency Level

A measurement of how well an entity uses its resources to achieve goals, often defined by the ratio of useful output to total input.

Theory Of Constraints

is a management philosophy focusing on identifying and managing the most critical limiting factor (constraint) that stands in the way of achieving a goal.

Constrained Workstations

Work areas within a production process that have limitations or restrictions affecting throughput or output.

Workstation

A specific area or desk equipped with computer and other necessary tools for a person to perform their job tasks.