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 andProblem 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 14 loans per day and an effective capacity of 12 loans per day. (Round your answer to 1 decimal place.) % Utilization Efficiency % b. A furnace repair team that services an average of 2 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 necessarily . If the design capacity is relatively the utilization could be even though the efficiency was

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