Explain the utilization and the efficiency of each situation, Operation Management

Assignment Help:

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


Related Discussions:- Explain the utilization and the efficiency of each situation

Definitions of productivity, Definitions of Productivity 1. Pro...

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.

Explain social responsibility on the part of businesses, What are the argum...

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?

Need of computer-integrated manufacturing, Q. What is need of computer-inte...

Q. What is need of computer-integrated manufacturing to manufacturing operations? Computer-integrated manufacturing (CIM) implies manufacturing supported through computers. The

Explain future hold for traditional mass-media advertising, What does the f...

What does the future hold for traditional mass-media advertising?

Find the probability of event, The probability of Event 1 is P and the prob...

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

Forecasting, what are the different steps in quantitative forecasting in ma...

what are the different steps in quantitative forecasting in manufacturing

Advantages of work measurement, Advantages of Work Measurement: 1.    ...

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, What are the a...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd