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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
Using the data, suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700
Why should a first-line supervisor understand the organization's objectives? Why is this knowledge important to the supervisor's tactical planning?
Performance Management Discuss Performance Management in the context of the identifying the relevant School of Management Theory. Identify positives and negatives in the app
1.15 Refer to Problems 1.13 and 1.14. If Charles lackey's utility costs remain constant at $500 per month, labour at $8 per hour, and cost of ingredients at $0.35 per loaf, but Cha
How is the chase demand strategy opposite of level capacity? Chase demand strategies: Chase demand strategies are the totally opposite of level capacity in which the orga
Explain how the following somewhat match each other: • functional structure with simple structure • divisional structure with departmentalization by product • machine bureaucracy w
Give some examples of how technology is creating employer/employee rights and policy issues. Then suggest some possible actions that may be needed
Slighty Used Goods has Cash of $2,150 inventory of $28,470, fixed assets of $9,860, accounts payable of $11,900, and account receivable of $4,660. What is the cash ratio?
1) Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swi
Which of the following is true? Process improvement is more efficiently undertaken within one organizational function. Process improvement does not affect traditional organiz
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