Answer the Following Questions Using the Information Below

question 128

Multiple Choice

Answer the following questions using the information below:
A manufacturing firm is able to produce 2,000 pairs of sneakers per hour, at maximum efficiency. There are three eight-hour shifts each day. Due to unavoidable operating interruptions, production averages 1,600 units per hour. The plant actually operates only 27 days per month.
-What is the practical capacity for the month of April?

• A)2,000,000 units
• B)1,440,000 units
• C)1,036,800 units
• D)480,000 units

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Definitions:

Repeated Game

A strategic situation where the same game is played numerous times, allowing participants to adjust their strategies based on past outcomes.

Stackable Discounts

Discounts that can be combined or "stacked" on a single purchase to provide consumers with greater savings than would be available from any single discount alone.

Selling Price

The price at which a good or service is offered to the public.

Retail Price

The cost at which a product is sold to the end consumer, including any markups by retailers.