Question: Problem 1: (10 Points) A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 11

Problem 1: (10 Points)

A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 9 loans per day.

  1. Calculate the Utilization
  2. Calculate the Efficiency

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