Determine utilization and efficiency for each of situations

Assignment Help Operation Management
Reference no: EM131714042

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 10 loans per day and an effective capacity of 8 loans per day. b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day. c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.

Reference no: EM131714042

Questions Cloud

Relationship between total delays and mean highway speed : Traffic headaches. A study of traffic delays in 68 U.S. cities found the following relationship between total delays (in total hours lost) and mean highway.
Britannica on cd close substitutes : Are the Britannica on paper and the Britannica on CD close substitutes? What about the Britannica on CD and the Encarta on CD?
Decisions company can make is in regards to location : We all have heard that one of the most important decisions a company can make is in regards to location.
Equilibrium quantity and show the result graphically : Suppose market demand and market supply are represented by the following equation ,respectively
Determine utilization and efficiency for each of situations : Determine the utilization and the efficiency for each of these situations. A loan processing operation that processes an average of 7 loans per day.
Summarize the strength of association with a correlation : Hard water. In a study of streams in the Adirondack Mountains, the following relationship was found between the water s pH and its hardness.
Social and ethical responsibilities of manufacturer : what’s the social and ethical responsibilities of manufacturer?
Prepare an executive summary of your findings : Prepare a 250-500-word executive summary of your findings. Explain your approach and evaluate the outcomes of your regression models.
Addition of new plant to absorb the backlog of demand : A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists.

Reviews

Write a Review

Operation Management Questions & Answers

  Can bureaucrats and bureaucracies be made accountable

Can bureaucrats and bureaucracies be made accountable? If so, to what extent and to whom? By what means?

  Different than the things that lead to dissatisfaction

Herzberg's two factor theory   How do you feel about this theory? Does it make sense that the things that lead to satisfaction (or motivation) are different than the things that lead to dissatisfaction?

  What are the sources of organizational conflict

In what ways are the trait and behavior approaches to leadership similar? How does Fiedler's contingency model differ from both? What are the sources of organizational conflict? What are the main conflict resolution strategies? What is organizational..

  Problems arising from the purchase of eighty chairs

BBI was a large international bank with operations throughout the world. It had recently purchased an office building and had hired the well-known architect Peter Tropper to do the major design and renovation plans.

  Develop level capacity and matching demand plan

A local company makes athletic clothing and they are preparing aggregate production plans on a quarterly basis for the coming year for their line of women's wear. They have the following information available to develop a level capacity and a matchin..

  Disadvantages of performance testing and work samples

Discuss the advantages and disadvantages of performance testing and work samples. Under what circumstances would such tests be most appropriate?

  What activities were involved

Describe a project in which you were participated. What activities were involved and how were they interrelated? How would you rate the project manager? What is the basis of your evaluation?

  Engineering and ethics risk and liability

Engineering and Ethics Risk and Liability in Engineering How does the National Society of Professional Engineers Code of Ethics promote safety, health and welfare to the public/society? (write at least 3 paragraphs) Read the case study 6: “Citycorp” ..

  What would be best decision based on the maximin criterion

A manager is deciding whether or not to build a small facility. Demand is uncertain and can be either at a high or low level. If the manager chooses a small facility and demand is low, the payoff is $300. What would be the best decision based on the ..

  Two types of sales resistance-psychological-logical

There are two types of sales resistance; psychological-logical. Psychological resistance refers to unwillingness to buy based on attitude-emotion or prejudice.

  Create a fish-bone diagram and categorize each issues

A list of 16 issues that led to incorrect formulations in Tuncey Bayrak's jam manufacturing unit in New England is provided below: Create a fish-bone diagram and categorize each of these issues correctly, using the "four M s" method

  Information systems and the data

For this week's discussion, select one of those aspects (listed below) and discuss how companies can use information systems and the data within them to address

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd