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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.)
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).
I have a couple of other paper I need assistance that with that have a short turn around time but flexibility with the amount of pages due. More concerned with the quality of the paper.The papers should not exceed five pages, sigle spaced. I util..
a. When inflation is not considered. b. When inflation is considered
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