Question

1. Determine the utilization and the efficiency for each of these situations: (a) A loan processing...

1. Determine the utilization and the efficiency for each of these

situations:

(a) A loan processing operation that processes an average of 6 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.

Please solve the following problem related to cost-volume analysis

2. A producer of pens has fixed costs of $36,000 per month which are

allocated to the operation and variable costs are $0.80 per pen.

(a) Find the break-even quantity if pens sell at $2.0 each.

(b) Find the profit if the company produces 35,000 pens and pens sell

at $2.0 each?

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
1. Determine the utilization and the efficiency for each of these situations: (a) A loan processing...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Determine the utilization and the efficiency for each of these situations: a. A loan processing operation...

    Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 9 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 4 furnaces a day if the design capacity is...

  • Determine the utilization and the efficiency for each of these situations: a. A loan processing operation...

    Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 9 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 4 furnaces a day if the design...

  • Problem 5-1 Determine the utilization and the efficiency for each of these situations: a. A loan...

    Problem 5-1 Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an average of 6 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 10 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 3 furnaces a day if the design...

  • Determine the utilization and the efficiency: A loan processing operation processes an average of 12 loans...

    Determine the utilization and the efficiency: A loan processing operation processes an average of 12 loans per day. The operation has a design capacity of 18 loans per day and an effective capacity of 16 loans per day.

  • operation management

    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 pe 

  • 2. A producer of pens has fixed costs of $36,000 per month which are allocated to...

    2. A producer of pens has fixed costs of $36,000 per month which are allocated to the operation and variable costs are $1.60 per pen. (a) Find the break-even quantity if pens sell at $2.0 each. (b) Find the profit/loss if the company produces 65,000 pens and pens sell at $2.0 each?

  • 1. A loan processing operation has a design capacity of 66 loans per day and an...

    1. A loan processing operation has a design capacity of 66 loans per day and an effective capacity of 54 loans per day. What is its utilization if it processes an average of 46 loans per day? (Your answer should be a percentage with one decimal point.) 2. The Utilitarian Principle states that the good done by an action should outweigh the harm it causes or might cause. 3. Identify the proper hierarchical sequence (first item is the most important):...

  • A producer of pens has fixed costs of $17,000 per month which are allocated to the...

    A producer of pens has fixed costs of $17,000 per month which are allocated to the operation and variable costs are $1.80 per pen. (a) Find the break-even quantity if pens sell at $2.3 each. (b) Find the profit if the company produces 35,000 pens and pens sell at $2.3 each?

  • Use the data below to calculate efficiency and utilization: a. John's Car Repair service repairs an...

    Use the data below to calculate efficiency and utilization: a. John's Car Repair service repairs an average of 6 cars every week. The design capacity of the shop is 18 repairs per week and the effective capacity is 16 repairs per week. (Round your answer to 1 decimal place. Omit the "%" sign in your response.) Utilization Efficiency b. The average output of a manufacturing process is 4 widgets per hour. The design capacity is 8 widgets per hour. The...

  • Cavalier accounting firm can produce, on average,  2 tax returns per day. The operation has a design...

    Cavalier accounting firm can produce, on average,  2 tax returns per day. The operation has a design capacity of 16 tax returns per day and an effective capacity of 14 tax returns per day. (Round answer to 1 decimal place.         Utilization %   Efficiency %       b. Browns Carpet Cleaning can clean an average of 4 carpets each day if the design capacity is 8 carpets per day and the effective capacity is 7 carpets per day. (Round your answer to...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT