Question

In: Statistics and Probability

A manufacturing shop is designed to operate most efficiently at an output of 580 units per...

A manufacturing shop is designed to operate most efficiently at an output of 580 units per day. In the past month the plant averaged 510 units per day.

What was their capacity utilization rate last month? (Round your answer to 1 decimal place.)

Capacity utilization rate             %

Solutions

Expert Solution

answer:

given data,

  • the output for most efficiently operate is 580 units per day,
  • the plant averaged for the past month is 510 units per per day,

to find the capacity utilization rate of the last month is ...?

the probability is shown in the below step by step...

here we are know as the values is already,

now we are know as the formula is cur the capacity used / the best of the operating

level

580*30 = 17400

510*30 = 15300

now substitute the values is in the above formula,

( 15300 / 17400 ) *100

( 0.879310344 ) * 100

87.9310

therefore the 87.9310

so finally the probability of capacity utilization rate last month is 87.9310

87.9310

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