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.) Utilization Efficiency % 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.) 7:49 M ences 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.) 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 necessary If the design capacity is relatively the uslization could be even though