Answer the Following Question(s)using the Information Below

question 123

Multiple Choice

Answer the following question(s) using the information below.A manufacturing firm is able to produce 2,000 pairs of shoes per hour, at maximum efficiency.There are three eight-hour shifts each day.Production is actually 1,600 pairs of shoes per hour due to unavoidable operating interruptions.The plant is expected to run every day but was only able to operate for 27 days in September.
-What is the practical capacity for the month of September?

• A)1,488,000 pairs of shoes
• B)1,440,000 pairs of shoes
• C)1,036,800 pairs of shoes
• D)1,296,000 pairs of shoes
• E)1,152,000 pairs of shoes

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Definitions:

Bretton Woods System

A monetary management system established post-World War II, which set up rules for commercial and financial relations among major industrial states.

Pegged Exchange Rates

A fixed exchange rate system where a country's currency value is fixed or pegged to another currency, a basket of currencies, or another measure of value.

Orderly Adjustments

Refers to planned and controlled changes in economic policies or conditions aimed at achieving stability or growth without causing undesirable market fluctuations.

Foreign Exchange Market

The foreign exchange market is a global decentralized marketplace for trading currencies, determining the exchange rate for different currencies.