Question
A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two categories: shopping centers, and
A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two categories: shopping centers, and medical complexes. The typical work involved in each transaction is quite predictable and repetitive. The time requirements (unit loads) for preparing a standard contract of each type are given in the table below. Also listed are the number of professionals of each type and the number of available hours per professional per day (the rest of time is taken by other office activities). Last November, the firm generated 150 orders, 75 of each type. Assume there are 20 working days per month.
So far, we have been assuming the effective capacity of the process. Embedded in the data are the wasted and slacking off time.
Assume that the capacity waste factors of the paralegals, tax lawyers, and senior partners are 20%, 30%, and 35%, respectively.
What is the theoretical capacity of the process? (That is, I'm asking you to work backwards and determine how many cases per day the process could handle, if people wasted less time)
Assume the original number of paralegals, tax lawyers, and senior partners.
Group of answer choices
A.6.0 cases per day
B.4.8 cases per day
C.9 cases per day
D.7.2 cases per day
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