Question: a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 13 loans per day
a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 8 loans per day. (Round your answer to 1 decimal place.)
Utilization ______%
Efficiency______%
b. A furnace repair team that services an average of 2 furnaces a day if the design capacity is 10 furnaces a day and the effective capacity is 6 furnaces a day. (Round your answer to 1 decimal place.)
Utilization_____%
efficiency_______%
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?
This is not necessarily ______. If the design capacity is relatively _____, the utilization could be _______ even though the efficiency was _______.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
