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

Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 3 loans per day. The operation has a design capacity of 14 loans per day and an effective capacity of 9 loans per day. Note: Round your answer to 1 decimal place. \table[[Utilization,],[Efficiency,