1.5 Problem 2 Determine the capacity utilization and efficiency for each of these situations: a. A loan processing operation that process an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day. b. A furnace repair team that service an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day. c. A business school has the capacity to enroll 1,200 business students in its class offerings every semester. Nevertheless, the dean of the school has limited the enrollment to 1,000 students. Despite a high demand for business courses, schedule conflicts and financial needs allowed only 950 students to enroll in business courses. d. Would you say that systems that have a higher efficiency than other systems will always have higher utilization than those other systems? Explain. a