Complete Question:
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.
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.
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than
those other systems? Explain.
Explanation:
It's not (true) actually. Whether the design capacity is comparatively (high), the utilisation could be (low) even though the efficiency was (high).
Utilisation = Output / Design capacity = 
x 100%
Efficiency = Output / Effective capacity = 
Utilisation = 
Efficiency = 
U = 1000/2000
e = 1000/1000
Answer:
The correct answer is letter "B": Individuals have to make choices from among alternatives.
Explanation:
Scarcity is the basic economic problem by which individuals have unlimited needs but count on limited resources to satisfy them. As a result, people must make trade-offs by which they sacrifice part of the satisfaction of one need to cover part of another need.
Scarcity pushes individuals to optimize the allocation of their resources to maximize the utility of the goods or services people use to satisfy their needs.
<h3>Question:</h3>
•explain six Differences between private and public company.
Answer:
•In most cases, a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
Explanation:
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Answer:
Differentiator
Explanation:
I'm not sure about it but honestly I think its the one, since Karen is suing something different that hasn't been seen on other Italian pasta cookers.
