Question
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 | 40 |
| B. Credit report | 11 |
| C. Title search | 13 |
| D. Final decision | 30 |
The office has three employees, activities B and C are combined together and assigned to one employee, while the other two employees are responsible for activities A and D respectively. Under this setting, 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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Operations Management in the Supply Chain Decisions and Cases
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
6th edition
73525243, 978-0073525242
