Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A.1 B.0.83 C.1.2 D.0.75

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Question:

Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A.1 B.0.83 C.1.2 D.0.75

Answers

Answer:B.0.83Explanation:Data provided in the questionTotal machines Available = 600 Number of machines used in a given year = 500 So by considering the above information, the utilization of spinning machines is Utilization = Resource used ÷Resource available                  = 500 ÷ 600                  = 0.83By dividing the resources used with the resources available we can get the utilization and the same is applied

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