2 Pine Valley Bank has three branches. You have been assigned to evaluate the efficiency of each....
Question:
2 Pine Valley Bank has three branches. You have been assigned to evaluate the efficiency of each. The following inputs and outputs are to be used for the study.
Input 1 = labor hours used (hundreds per month)
Input 2 = space used (in hundreds of square feet)
Input 3 = supplies used per month (in dollars)
Output 1 = loan applications per month Output 2 = deposits processed per month (in thousands)
Output 3 = checks processed per month (in thousands)
The relevant information is given in Table 48. Use this data to determine if any bank branches are inefficient. If any bank branches are inefficient, determine the nature of the inefficiency.
3 You have been assigned to evaluate the efficiency of the Port Charles Police Department. Three precincts are to be evaluated. The inputs and outputs for each precinct are as follows:
Input 1 = number of police officers Input 2 = number of vehicles used Output 1 = number of patrol units responding to service requests (thousands per year)
Output 2 = number of convictions obtained each year (in hundreds)
You are given the data in Table 49. Use this information to determine which precincts, if any, are inefficient. For any inefficient precincts, determine the nature of the inefficiency.
Step by Step Answer:
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston