a. Calculate the utilization and efficiency in each of these situations: i. A bank processes an average
Question:
i. A bank processes an average of seven loans per day. It has a design capacity of 10 loans per day and an effective capacity of eight loans per day.
ii. A furnace repair team services an average of four furnaces a day. The design capacity is six furnaces a day and tire effective capacity is five furnaces a day.
b. Would you say that systems with higher efficiency will have higher utilization than other systems? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
Question Posted: