Favoring no-fault personal injury protection coverage

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Reference no: EM132163111

1. Which one of the following is not an argument favoring no-fault personal injury protection (PIP) coverage?

A. Loss payments are generally made more quickly.

B. Dispute resolution costs are lower.

C. It provides increased incentives for auto safety.

D. When fault is unclear, more people will still have first-party coverage.

2. The Crystal Sparkle Co. produces glass tumblers. The plant is designed to produce 400 tumblers per hour, and there is one eight-hour shift per working day. The employees take two 15-minute breaks in each shift, one in the first four hours and one in the second four hours. The first thirty minutes of the shift are spent raising the kilns to the required temperature for firing glass. The plant usually produces about 2000 tumblers per day. Answer the following questions by adjusting the data to one eight-hour shift.

Design Capacity is:

Effective Design Capacity is:

The Efficiency is:

The Utilization is:

If management wants the plant to be 85% efficient, the actual output per day should be:

Reference no: EM132163111

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