Question: 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

Problem 5-1 Determine the utilization and the

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 14 loans per day and an effective capacity of 11 loans per day. (Round your answer to 1 decimal place. Omlt the %" sign In your response.) Utilization Efficiency b. A fumace 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 7 furnaces a day. (Round your answer to 1 decimal place. Omit the "%" sign In your response.) 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? . If the design capacity is relatively high the utilization could be low even though the This is not necessarily true efficiency was high

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