Question: Answer all here : Answer part B only here please. Determine the utilization and efficiency for each of the following situations. a. A loan processing

Answer all here :

Answer all here : Answer part B only here please.

Answer part B only here please.

Answer all here : Answer part B only here please.

Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes 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. (Round your answer to 1 decimal place.) % Utilization Efficiency % b. A furnace repair team that services 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. (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 The following diagram describes a process that consists of eight separate operations, with sequential relationships and capacities (units per hour) as shown. 15/hr 10/hr 20/hr 34/hr 30/hr 5/hr 8/hr 12/hr a. What is the current capacity of the entire process? Capacity 15 units per hour b. If you could increase the capacity of only one operation through process improvement efforts, which operation would you select, how much additional capacity would you strive for, and what would the resulting capacity of the process be? Operation to improve How much additional capacity to strive for Resulting capacity of the process 5 units per hour 25 units per hour

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