Capacity Utilization Is Defined as the Ratio of

question 78

Multiple Choice

Capacity utilization is defined as the ratio of

• A)actual output to actual capacity.
• B)actual output to design capacity.
• C)design capacity to actual capacity.
• D)actual capacity to actual output.

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Definitions:

Rich Benefits

Substantial or generous advantages or profits gained from a particular situation, occupation, or activity.

Practices and Policies

Established methods of action and formal guidelines within organizations or societies.

Modernization Theory

A social science theory that posits the transition from traditional to modern societies involves systematic development in areas like industry, technology, and governance.

Dependency Theory

A theoretical perspective that suggests economic development of countries is linked to their dependence on more developed nations, often describing how resources flow from a periphery of poor and underdeveloped states to a core of wealthy states.