Question: An Apple Cars plant operates most efficiently (average unit cost is minimized) when producing 20,200 cars each month. It has a maximum output capability of
An Apple Cars plant operates most efficiently (average unit cost is minimized) when producing 20,200 cars each month. It has a maximum output capability of 25,000 units per month (e.g., when its CEO, Tim Chef, forces everyone to work crazy amounts of overtime), and can make as few as 7,000 units per month without forcing the hand of executives to shift production to another plant. If the plant makes 13,810 cars in December, what was the capacity utilization rate? Round your final answer to 1 decimal place, and enter it as a percent without the percent sign; for example, use 18.9, not 18.9% or .2
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