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Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 5 loans per day.
Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 9 loans per day. (Round your answer to 1 decimal place.) Utilization Efficiency b. A furnace repair team that services an average of 4 furnaces a day if the design capacity is 8 furnaces a day and the effective capacity is 7 furnaces a day. (Round your answer to 1 decimal place.) c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? LLLLLLLLLLLLLLLLUILLLLL even though the efficiency was low high
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