Question: 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 5

Problem 5-1 (Algo) Determine the utilization and

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 5 loans per day. The operation has a design capacity of 16 loans per day and an effective capacity of 7 loans per day. (Round your answer to 1 decimal place.) Utilization % Efficiency % 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 5 furnaces a day. (Round your answer to 1 decimal place.) Utilization % Efficiency % c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? This is not necessarily . If the design capacity is relatively

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