Question: a. Calculate the utilization and efficiency in each of these situations: i. A bank processes an average of seven loans per day. It has a

a. Calculate the utilization and efficiency in each of these situations:
i. A bank processes an average of seven loans per day. It has a design capacity of 10 loans per day and an effective capacity of eight loans per day.
ii. A furnace repair team services an average of four furnaces a day. The design capacity is six furnaces a day and tire effective capacity is five furnaces a day.
b. Would you say that systems with higher efficiency will have higher utilization than other systems? Explain.

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a i ii b This is not necessarily true Utilization can be low even to... View full answer

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