Goldstar Company wants to calculate how much productivity improvement it could get if it eliminated scrap from
Question:
Goldstar Company wants to calculate how much productivity improvement it could get if it eliminated scrap from its production process. It provides you with the following information and asks you to give it the answer to the question, “What percentage improvement could we get in productivity if scrap is eliminated?”
• Current scrap rate: 12%
• Current good output: 240 units
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