A manufacturing shop is designed to operate most efficiently at an output of 950 units per day. In the past month the plant produced 750 units. What was their capacity utilization rate last month? (Round your answer to 1 decimal place.) Capacity utilization rate %

78.95%

Explanation:

Capacity utilization rate = Capacity used / Best operating level

Capacity utilization rate = 750 units / 950 units

Capacity utilization rate = 0.789473684

Capacity utilization rate = 78.95%

So, their capacity utilization rate last month is 78.95%

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