Use the Table for the Question(s) Below

question 16

Multiple Choice

Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions

-Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2007?

• A) 1,505 units
• B) 1,323 units
• C) 1,914 units
• D) 1,115 units
• E) 1,702 units

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Definitions:

Saving Rate

The proportion of income that is not spent, but instead saved by individuals, households or the nation as a whole.

Productivity

measures the efficiency of production in terms of the amount of output generated per unit of input, such as labor or capital.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Capital Stock Per Worker

A measure of the amount of capital available per employee in a company or economy, indicating the level of investment in tools, buildings, and equipment each worker has to work with.