A loan processing operation that processes an average of 3 loans per day. The op

Question

     

A loan processing operation that processes an average of 3 loans per day. The operation has a design capacity of 15 loans per day and an effective capacity of 13 loans per day. (Round your answer to 1 decimal place. Omit the "%" sign in your response.)

     

     

A furnace repair team that services an average of 4 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.)

      

     

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 (Click to select)falsetrue. If the design capacity is relatively (Click to select)highlow, the utilization could be (Click to select)lowhigh even though the efficiency was (Click to select)lowhigh.

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

Explanation / Answer

a).

b).

c). Yes. This is true. The systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems

Utilization rate = Actual loans per day / potential capacity * 100 20%

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