Question: Problem 5 - 1 ( Algo ) Determine the utilization and efficiency for each of the following situations. a . A loan processing operation that
Problem Algo
Determine the utilization and efficiency for each of the following situations.
a A loan processing operation that processes an average of loans per day. The operation has a design capacity of loans per day
and an effective capacity of loans per day. Round your answer to decimal place.
b A furnace repair team that services an average of furnaces a day if the design capacity is furnaces a day and the effective
capacity is furnaces a day. Round your answer to decimal place.
c Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those
other systems?
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