If the best operating level of a piece of equipment is at a rate of 400 units
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Question:
If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity utilization rate?
a. 0.75
b. 1.00
c. 1.33
d. 2.33
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