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otez555 [7]
2 years ago
15

A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per da

y and an effective capacity of 8 loans per day. A furnace repair team that services an average of 3 furnaces a day if the design capacity is 9 furnaces a day and the effective capacity is 8 furnaces a day.
a. Utilization ____________ %
b. Efficiency ____________ %

Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?
Business
1 answer:
MissTica2 years ago
3 0

Answer:

Efficiency = Actual Output / Effective Capacity * 100%

Utilization = Actual Output / Design Capacity * 100%

Loan processing operation

Actual output = 9 loans per day

Design capacity = 10 loans per day

Effective capacity = 8 loans per day

Utilization = 9/10 * 100

Utilization = 90.0%

Efficiency = 9/8 x 100

Efficiency = 112.5%

Furnace repair team

Actual output = 3 furnaces per day

Design capacity = 9 furnaces per day

Effective capacity = 8 furnaces per day

Utilization = 3/9 * 100

Utilization = 33.3%

Efficiency = 3/8 * 100

Efficiency = 37.5 %

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A business letter is not written:
GalinKa [24]

Answer:

OC. between two private individuals.

Explanation:

A business letter is a formal document written to convey an official or commercial message. It is written in a standard format. A Business letter is usually short, clear, and concise.

Two private individuals will probably communicate using personal letters.  Unlike a business letter, a personal letter uses a friendly and relaxed tone. They are no laid down formats to consider.  Personal letters may convey messages concerning the writer or recipient's social, religious, or economic matters.

8 0
3 years ago
Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed an
Ray Of Light [21]

Answer:

Correct option is (a)

Explanation:

Unearned revenue are revenue earned against services that have not been performed yet. In accrual system, revenue is recognized when service is performed against it.

Revenue earned without service being discharged is treated as liability till the period service is performed. It is recognized as income only after service is performed. For example unearned rent revenue is an unearned revenue which is reported as a liability till the rent period for which revenue was received is over.

8 0
3 years ago
Relationship between risk and return
Svetlanka [38]

Answer:

Generally, the higher the potential return of an investment, the higher the risk. There is no guarantee that you will actually get a higher return by accepting more risk. Diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

7 0
3 years ago
A _______ is a health insurance plan that directly employs or contracts with selected, or preapproved, physicians and other medi
Fantom [35]
The correct term is likely an EPO (exclusive provider organization)
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3 years ago
Read 2 more answers
You are considering the purchase of a home that would require a mortgage of $150,000. How much more in total interest will you p
Irina18 [472]

Answer:

$111,991.59

Explanation:

using a loan calculator, I found the following information:

principal $150,000

apr 5.65%

360 monthly payments of $865.85

total payments $311,707.33

total interest charged on the loan $161,707.33

principal $150,000

apr 4%

180 monthly payments of $1,109.53

total payments $199,715.74

total interest charged on the loan $49,715.74

if you choose the 30 year mortgage, you will pay $161,707.33 - $49,715.74  = $111,991.59

3 0
2 years ago
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