Problem 5-1 Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an average of 7 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. Omit the "%" sign in your response.) Utilization Efficiency b. A furnace repair team that services an average of 2 furnaces a day if the design capacity is 10 furnaces a day and the effective capacity is 5 furnaces a day. (Round your answer to 1 decimal place. Omit the "%" sign in your response.) es 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? the utilization could be (Cick to select) This is not necessarily (Click to select) even though the efficiency was (Click to select) If the design capacity is relatively (Click to select) 1 of 5 Next> Prev Problem 5-4 A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and revenues have been estimated. Annual fixed costs would be $38,000 for A and $31,000 for B; variable costs per unit would be $7 for A and $11 for B; and revenue per unit would be $19. a. Determine each alternative's break-even point in units. (Round your answer to the nearest whole amount.) units QEP,A QBEP,8 units b. At what volume of output would the two alternatives yield the same profit (or loss)? (Round your answer to the nearest whole amount.) Profit units c. If expected annual demand is 10,000 units, which alternative would yield the higher profit (or the lower loss)? (Click to select) Higher profit Problem 5-5 A producer of felt-tip pens has received a forecast of demand of 47,000 pens for the coming month from its marketing department. Fixed costs of $29,000 per month are allocated to the felt-tip operation, and variable costs are 28 cents per pen. a. Find the break-even quantity if pens sellfor $4 each. (Round your answer to the next whole number.) units b. At what price must pens be sold to obtain a monthly profit of $17,000, assuming that estimated demand materializes? (Round your answer to 2 decimal pleces. Omit the "$" sign in your response.) Price