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What was the capacity utilization rate

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Question - An Apple Cars plant operates most efficiently (average unit cost is minimized) when producing 29,000 cars each month. It has a maximum output capability of 36,000 units per month (e.g., when it's 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 24,000 cars in December, what was the capacity utilization rate?

Reference no: EM133115280

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