Question: Problem 5-1 (Algo) 25 Determine the utilization and efficiency for each of the following situations. 3.5/7 points awarded a. A loan processing operation that processes

Problem 5-1 (Algo) 25 Determine the utilization

Problem 5-1 (Algo) 25 Determine the utilization and efficiency for each of the following situations. 3.5/7 points awarded a. A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 9 loans per day. (Round your answer to 1 decimal place.) Scored Utilization Efficiency 55.6 % 45.5 % eBook Hint b. A furnace repair team that services an average of 4 furnaces a day if the design capacity is 8 furnaces a day and the effective capacity is 6 furnaces a day. (Round your answer to 1 decimal place.) References 66.7 X 1% Utilization Efficiency 25.0 X % c. Would you say that systems that have higher efficiency ratlos than other systems will always have higher utilization ratlos than those other systems? This is not necessarily true . If the design capacity is relatively high the utilization could be low even though the efficiency was high

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