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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 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 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 four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five 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. If the design capacity is relatively, the utilization could be even though the efficiency was
Breakeven Problem 1. Avila Manufacturing plans to increase capacity by adding new equipment. They have received two proposals. Fixed CostVariable Cost/Unit Proposal A $32,
Assume a drive-up teller window at a bank. Customers arrive at the rate of 25 per hour. The teller can serve one customer every two minutes. Assume exponential inter-arrival and ex
Alyssas Custom cakes currently sells 4 birthday, 1 wedding and 2 specialty cakes each month for $55, $155, and $105 each, respectively. Alyssas current multifactor productivity rat
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Using the competing values framework as a point of reference, how would you describe the current organizational culture? Provide examples to support your conclusions.
Partitioning a population into hierarchical groups or levels and selecting a sample from each group or level is known as which of the following? Simple random sampling Stra
As OB practitioners we know that emotions form preferences before we consciously evaluate those choices and this impacts the quality of the decisions made at the company. The presi
Decision Making Approaches General Framework Outline the meaning of Rationality, Bounded Rationality and Intuitive approaches to decision making. Individual Components
ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected production days for months March to Augus
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