Question

An executive conference center has the theoretical physical ability to handle a maximum of 1,100 participants. However, conference management personnel believe that only 1,000 participants can be handled effectively for most events. The last event resulted in the attendance of 950 participants. Referring to Scenario 2 above, assume that conference management personnel wish to earn additional revenue. Thus, they are willing make effective capacity be the same as design capacity (i.e., they now wish to operate at the design capacity of 1,100 participants). Assume now that the last event still resulted in the attendance of 950 participants. What is the new efficiency of the conference facility?

Answer 1

86.36%

Step-by-step explanation:

The efficiency of the conference facility is given by the number of people who attended the event divided by the effective capacity. If the effective capacity is considered to be the design capacity of 1,100, the efficiency of the conference facility for an attendance of 950 participants is:

`E=(950)/(1,100)=0.8636=86.36\%`

The new efficiency is 86.36%