Higher efficiency ratios

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Determine the utilization and efficiency for each of the following situations.

1. A loan processing operation that processes an average of 6 loans per day. The operation has a design capacity of 16 loans per day and an effective capacity of 13 loans per day.

2. A furnace repair team that services an average of 3 furnaces a day if the design capacity is 9 furnaces a day and the effective capacity is 5 furnaces a day.

3. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?

Reference no: EM133654532

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