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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 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 four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five 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. If the design capacity is relatively, the utilization could be even though the efficiency was
Definitions of Productivity 1. Productivity is the relationship between output generated by a production or service system and the input provided to create the output.
What are the arguments for and against social responsibility on the part of businesses? Research the topic and discuss. In addition, which set of arguments is more compelling?
Q. What is need of computer-integrated manufacturing to manufacturing operations? Computer-integrated manufacturing (CIM) implies manufacturing supported through computers. The
What does the future hold for traditional mass-media advertising?
The probability of Event 1 is P and the probability of Event 2 is (1-p),for what values of P would you choose A?B?C? Values in the table are payoffs. Choice /Event Event 1 Event2
labour efficiency ratio
what are the different steps in quantitative forecasting in manufacturing
Advantages of Work Measurement: 1. It serves as a basis for methods analysis by comparing the efficiency of alternative work method. Other conditions beings t
What are the advantages of using single sourcing strategies? Advantages of using Single sourcing: a. Simple to keep relations along with only one supplier b. Simple to
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