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I think the way a chapter cuts really depends on the campus, it's size, the percentage of Greeks, etc. My campus is fairly small, but rapidly growing (we currently have @ 14,000 students and about 3-4% are Greek). When I was a Rho Chi last year, I learned all the "behind the scenes" aspects of rush. I learned that one chapter on my campus is exclusive from the start of rush. After first rounds, they cut about 60-75% of the PNMs. And they are one of our larger, well-known houses. They typically make just under quota. Another chapter, who is less "popular" and definitely the smallest house will usually be dropped by the PNMs and they will still invite everyone back (which did bother me when I went through rush bc. I dropped them after first rounds and was still offered to to through second rounds and pref.- Made me feel like "just a number"). They typically don't make quota, but take most of the snap bids and they have a great COB turnout. The other four chapters (including my own) will usually only cut about 10% (based on GPA) and let the PNMs drop whomever they want. Our four chapters regularly make quota or just under.
I'm sure the process is different elsewhere, but I think the way cuts are made at UCR is efficient and works well- five of our six chapters are very close in numbers (usually 4 will hit house total which is 70 by Spring, the other 2 are never far behind), and the smallest chapter usually pulls their numbers up to about 50-55.
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