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.

Q: An airline company has 6 phone lines. Time between calls averages 3 minutes. Use Table 17A.1. Report…

A: Given-   No. of phone lines (m) = 6  Avg. time b/w calls (a) = 3 min  Avg. call last (p)= 3.6

Q: 1.- Quantity of production volume to be produced considering its SCRAP 2.- Quantity of production…

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A: The answer is as follows:

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A: Capacity Analysis Capacity Analysis means an analysis which provides information about the demanded…

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A: Capacity Analysis can be denoted as the difference in performance obtain between the actual capacity…

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Q: snip

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A: D.Cross-sectional comparisons

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A: Capacity Planning are strategic decisions because :

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A:

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A: all about the details is in numerical way

Q: (Use an excel sheet to show formulas used)

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Introduction to service marketing

Organizations that provide products or products to their consumers use service marketing to enhance brand recognition and revenue. In contrast to product marketing, service marketing promotes intangible transactions that add value to clients. Advertisers utilize efficient service marketing methods to gain client trust and demonstrate how their product may benefit them. Service marketing is interaction and value-based marketing.