An executive conference center has the physical ability to handle 1,500 participants. However, conference management personnel believe that only 1,300 participants can be handled effectively for most events. The last event, although forecasted to have 1,300 participants, resulted in the attendance of only 1080 participants. i. ii. Calculate the utilization rate of the conference facility. Calculate the efficiency of the conference facility.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter5: Network Models
Section5.3: Assignment Models
Problem 12P
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An executive conference center has the physical ability to handle 1,500 participants.
However, conference management personnel believe that only 1,300 participants can be
handled effectively for most events. The last event, although forecasted to have 1,300
participants, resulted in the attendance of only 1080 participants.
i.
ii.
Calculate the utilization rate of the conference facility.
Calculate the efficiency of the conference facility.
Transcribed Image Text:An executive conference center has the physical ability to handle 1,500 participants. However, conference management personnel believe that only 1,300 participants can be handled effectively for most events. The last event, although forecasted to have 1,300 participants, resulted in the attendance of only 1080 participants. i. ii. Calculate the utilization rate of the conference facility. Calculate the efficiency of the conference facility.
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