A Firm Produces 12 Different Services and Has Capacity to Service

question 7

Multiple Choice

A firm produces 12 different services and has capacity to service 360,000 customers per year.A total of 24 service workers are employed.If 270,000 customers receive service during a particular year,what is the capacity cushion during that year?

• A)25%
• B)50%
• C)75%
• D)There is not enough information to determine the answer

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Definitions:

Conversion

The unauthorized act of taking someone else's property and converting it to one's own use, violating the owner's rights.

Indorsement

The act of signing one's name on the back of a check or other negotiable instrument for the purpose of transferring ownership or to approve the terms.

Action

A legal term referring to a civil lawsuit or proceeding initiated to protect a right or redress a grievance.

Revised Article 3

Refers to updates made to Article 3 of the Uniform Commercial Code that governs negotiable instruments, including checks and drafts, in the United States.