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Determine the utilization and the efficiency for each of these situations:
A loan processing operation that processes an average of 7 loans per day. The operations has a design capacity of 10 loans per day and an effective capacity of loans per day.
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.
Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain and please provide the excel formulas.
Find two (2) examples of businesses in your local community that attempt to disclaim liability for damage to or loss of bailed property. Examples of businesses that typically attempt to disclaim liability for damage to or loss of bailed property incl..
Discuss the system nature of health care and why it affects value estimation.
When developing a project schedule, it is common to underestimate the time and budget needed for each milestone. What are some practices that could help a project manager to create a more accurate schedule?
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of capacity. A smoothing constant of .1 is used.
Research at least five areas of publicly available information (such as the Dow Jones or top search engine results) that help to establish the health and public image of a company. Propose a web-based information system that will interface with th..
How can private action reduce the vulnerability to terrorism? Give examples to support your reasoning.
Continuous Quality Improvement (CQI) is a management philosophy and a management method. Identify and explain the philosophical and methodological characteristics of CQI. Select the characteristic you find most valuable and explain why.
Why is organic design more likely to be quicker and flexible in adapting to change than a mechanistic design.
The traditional way for company to go international is to have centralized headquarters in the home country with hierarchical and often bureaucratic decision making processes. As businesses face greater degrees of globalization, for many companies th..
What is the goal of the session? How will the nominal group technique be used to achieve this goal?
Determine the average time callers wait to have their calls answered for each period and the probability that a caller will have to wait for each period. Determine the maximum line length for a probability of 94 percent.
Illustrate what is average inventory if costs are minimized. Suppose that ordering cost is not $20.68 and Cotteler has been ordering 175 units each time an order is placed. For this order policy.
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