e. A regional bank training center has the physical ability to handle 1,300 participants. However, management personnel believe that only 1,100 participants can be handled effectively for most training sessions. The last training session, although forecasted to have 1,000 participants, resulted in the attendance of only 990 participants. Calculate the utilization and efficiency of the training facility.
e. A regional bank training center has the physical ability to handle 1,300 participants. However, management personnel believe that only 1,100 participants can be handled effectively for most training sessions. The last training session, although forecasted to have 1,000 participants, resulted in the attendance of only 990 participants. Calculate the utilization and efficiency of the training facility.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 5E
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part E
![QUESTION 4
a. Explain any two process technologies for materials.
b. Discuss any three factors that will help to determine the type of production process
used.
c. Distinguish between design capacity and effective capacity. Provide a brief
example.
d. Why is the capacity decision important?
e. A regional bank training center has the physical ability to handle 1,300 participants.
However, management personnel believe that only 1,100 participants can be handled
effectively for most training sessions. The last training session, although forecasted to
have 1,000 participants, resulted in the attendance of only 990 participants. Calculate
the utilization and efficiency of the training facility.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd69808a5-b0ca-4dd5-ad3f-2181c0b6928d%2F0fea1dcb-8d85-4a27-9da2-a4cbcb1fc38d%2Fcdoando_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 4
a. Explain any two process technologies for materials.
b. Discuss any three factors that will help to determine the type of production process
used.
c. Distinguish between design capacity and effective capacity. Provide a brief
example.
d. Why is the capacity decision important?
e. A regional bank training center has the physical ability to handle 1,300 participants.
However, management personnel believe that only 1,100 participants can be handled
effectively for most training sessions. The last training session, although forecasted to
have 1,000 participants, resulted in the attendance of only 990 participants. Calculate
the utilization and efficiency of the training facility.
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