Higher utilization ratios than those other systems

Assignment Help Operation Management
Reference no: EM132097343

Determine the utilization and the efficiency for each of these situations:

a. 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. (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 3 furnaces a day if the design capacity is 9 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.)

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 ( true or false). If the design capacity is relatively (high or low), the utilization could be (high or low) even though the efficiency was (high or low).

Reference no: EM132097343

Questions Cloud

A retailer has one csr to take phone orders : A retailer has one CSR to take phone orders. Assume that any number of incoming calls can be put on hold and nobody hangs up in frustration over a long wait.
Feel confident in their ability to execute these tasks : How can you effectively delegate tasks to your team and feel confident in their ability to execute these tasks?
Company manufactures product using machine cells : A company manufactures a product using machine cells.How many cells should the company plan to acquire to satisfy predicted demand under these conditions?
A good ability-to-job fit can help maintain : A good ability-to-job fit can help maintain, or improve. Acme Global employees take pride in working for such a great corporation.
Higher utilization ratios than those other systems : Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?
Considering her options for learning from the project : As the project nears closure, Amina is considering her options for learning from the project.
Formal project reporting is new to this organization : Formal project reporting is new to this organization, and unfortunately, Amina made the early mistake of requiring lengthy, detailed status reports.
The contract for discounted airline flights : She needs to Close Procurements for the contract for discounted airline flights that they had negotiated with a travel agency.
The team also did good job performing quality assurance : Quality planning went well, and the team also did a good job performing quality assurance.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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