a. A loan processing operation that processes an average of 7 loans per day. The

Question

a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 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 5 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. 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?

Explanation / Answer

a)

Utilization ratio:

= Actual out put÷Potential out out

= 7÷10

= 70%

Efficiency ratio:

= Actual output÷Expected output

= 7÷8

= 87.5%

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