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Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,100 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,800 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern = 67.6 % (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern =% (enter your response as a percentage rounded to one decimal place).

Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,100 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,800 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern = 67.6 % (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern =% (enter your response as a percentage rounded to one decimal place).

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,100 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,800 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern = **67.6%** (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern = **___%** (enter your response as a percentage rounded to one decimal place).
Transcribed Image Text:Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,100 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,800 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern = **67.6%** (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern = **___%** (enter your response as a percentage rounded to one decimal place).
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