Would you say that systems that have higher efficiency


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 19 loans per day and an effective capacity of 17 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 3 furnaces a day if the design capacity is 10 furnaces a day and the effective capacity is 9 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 (true or false). If the design capacity is relatively (high or low) the utilization could be (low or high) even though the efficiency was (high or low)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Would you say that systems that have higher efficiency
Reference No:- TGS02830232

Expected delivery within 24 Hours