Business, 28.02.2020 04:02, nnaaatt1845

Determine the utilization and the efficiency for each of these situations:

a. A loan processing operation that processes an average of 4 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 8 loans per day.
b. A furnace repair team that services an average of 3 furnaces a day if the design capacity is 7 furnaces a day and the effective capacity is 6 furnaces a day.
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?

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Determine the utilization and the efficiency for each of these situations:

a. A loan pr...