Kennywood Inc., a manufacturing firm, is able to produce 1 comma 200 pairs of pants per hour, at maximum efficiency. There are three eightminushour shifts each day. Due to unavoidable operating interruptions, production averages 900 units per hour. The plant actually operates only 27 days per month. Based on the current budget, Kennywood estimates that it will be able to sell only 501 comma 000 units due to the entry of a competitor with aggressive marketing capabilities. But the demand is unlikely to be affected in future and will be around 517 comma 000. Assume the month has 30 days. What is the practical capacity for the month?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Kennywood Inc., a manufacturing firm, is able to produce 1 comma 200 pairs of pants per hour, at maximum efficiency. There are three ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
For a natural monopoly firm, the resource-allocative efficient output is 200 units. The highest per-unit price that can be charged for this output is $3. Average total cost at 200 units is $3.50.
Answers (1)
A year ago, you deposited $30,000 into a retirement savings account at a fixed rate of 5.5 percent. Today, you could earn a fixed rate of 6.5 percent on a similar type account. However, your rate is fixed and cannot be adjusted.
Answers (1)
The average annual return on the S&P 500 Index from 1996 to 2005 was 20.36 percent. The average annual T-bill yield during the same period was 3.36 percent. What was the market risk premium during these ten years?
Answers (1)
Locate the participle (not the entire participial phrase and the word it modifies. reminding the younger children to walk carefully, the guide led the group into the cave. participle: modified:
Answers (2)
A. In the latte market, demand often exceeds supply and supply sometimes exceeds demand. B. The price of a latte rises and falls in response to changes in supply and demand.
Answers (1)
New Questions in Business
The internal rate of return is the: Select one: a. Discount rate that results in a zero net present value for the project. b. Rate of return required by the project's investors. c. Project's current market rate of return. d. None of these choices. e.
Answers (1)
Portable Pet Care, Inc., a mobile veterinary clinic, is planning for the future. The company owners (two seasoned veterinarians) have brought together the vice president of marketing and the director of information systems to talk about their
Answers (1)
Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event will affect the company's accounting equation?
Answers (1)
When a change in interest rates impacts the international value of the dollar limiting the effectiveness of fiscal policy, it is due to a. crowding out. b. crowding in. c. the slope of the AS curve. d. the net export effect. e. exogenous shocks.
Answers (1)
Managers who believe in Theory Y assume that workers dislike and avoid work if possible, so managers must use coercion, threats, and various control schemes to get workers to make adequate efforts to meet objectives A. True B. False
Answers (1)