Question: Determine the utilization and the effici ency : A loan processing operatio n processes an average of 12 loans per day. The opera tion has

Determine the utilization and the efficiency:

A loan processing operation processes an average of 12loans per day. The operation has a design capacity of 20loans per day and an effective capacity of 16 loans per day.

[Hint: Please read Example on page 193 in the text book.]

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