Southeastern Oklahoma State University\'s business program has the facilities an
ID: 461826 • Letter: S
Question
Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new students to take business courses. The utilization rate for Southeastern = % (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern = %(enter your response as a percentage rounded to one decimal place).Explanation / Answer
Utilization rate is = (actual output / designed capacity) X 100
Efficiency rate is = (actual output / Effective capacity) X 100
Actual output = 1450
Designed capacity = 2000
Effective capacity = 1500
Therefore:
The Utilization rate for Southeastern = (1450/2000) X 100 = 72.5%
The Efficiency rate for Southeastern = (1450/1500) X 100 = 96.6% (and not 75%)
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