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21 April, 08:39

Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A. 1 B. 0.83 C. 1.2 D. 0.75

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  1. 21 April, 09:03
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    B. 0.83

    Explanation:

    Data provided in the question

    Total machines Available = 600

    Number of machines used in a given year = 500

    So by considering the above information, the utilization of spinning machines is

    Utilization = Resource used : Resource available

    = 500 : 600

    = 0.83

    By dividing the resources used with the resources available we can get the utilization and the same is applied
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