Question: Problem 5 - 1 ( Algo ) Determine the utilization and efficiency for each of the following situations. a . A loan processing operation that

Problem 5-1(Algo)
Determine the utilization and efficiency for each of the following situations.
a. A loan processing operation that processes an average of 4 loans per day. The operation has a design capacity of 11 loans per day
and an effective capacity of 8 loans per day. (Round your answer to 1 decimal place.)
b. A furnace repair team that services an average of 3 furnaces a day if the design capacity is 7 furnaces a day and the effective
capacity is 6 furnaces a day. (Round your answer to 1 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?
 Problem 5-1(Algo) Determine the utilization and efficiency for each of the

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