Tom's Hazardous Material Movement Company Limits the Number of Hours

question 109

Essay

Tom's hazardous material movement company limits the number of hours an individual works to 8.5 a day. Each hazardous material handler product movement time has been stopwatch analyzed to take 240 seconds. What is the hazardous material handler utilization if they make 110 moves a day?

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Definitions:

Optimal Level

The most favorable or desirable point or state for achieving the best outcome or maximum effectiveness.

Free Rider

Consumer or producer who does not pay for a nonexclusive good in the expectation that others will.

Vertical Summation

A method used to derive the market demand curve by adding the quantities demanded by all individuals at each price level, vertically.

Horizontal Summation

A method used to determine the total market demand or supply curve by adding individual demands or supplies at each price level, assuming they are compatible.