Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the...
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Accounting
Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. Required: 1. Compute the utilization rate. Note: Round your answer to 2 decimal places. 2. Compute the efficiency rate. Note: Round your answer to 2 decimal places. 3. Compute the quality rate. Note: Round your answer to 2 decimal places. 4. Compute the overall equipment effectiveness (OEE). Note: Do not round intermediate calculations. Round your final answer to 3 decimal places
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