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A mortgage service office has the following four activities involved in approving a loan application. Note that a working day is 8 hours and there
A mortgage service office has the following four activities involved in approving a loan application. Note that a working day is 8 hours and there are 60 minutes in one hour.
Activity | Time (minutes) |
A. Property survey | 42 |
B. Credit report | 37 |
C. Title search | 27 |
D. Final decision | 18 |
If each activity is performed by a different person, with four employees, what would be the maximum number of loan applications the office can process per day?
Numbers only, keep three decimals if not exact, either round up or down is ok
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