1. 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.

ActivityTime (minutes)A. Property survey34B. Credit report19C. Title search21D. Final decision10

With four employees, every employee can perform any activity and more than one activity. 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

2. 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.

ActivityTime (minutes)A. Property survey25B. Credit report37C. Title search37D. Final decision35

Activities B and C are combined together and assigned to two employees, while the other two employees are responsible for activities A and D respectively. What is the mortgage office's direct labor utilization (DLU) under this setting?

Numbers only (e.g., 0.445 is acceptable, but NOT 44.5%), keep three decimals if not exact, either round up or down is ok

3. 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.

ActivityTime (minutes)A. Property survey24B. Credit report31C. Title search42D. Final decision46

If each activity is performed by a different person, with four employees, what is the mortgage office's direct labor utilization (DLU) under this setting?

Numbers only (e.g., 0.445 is acceptable, but NOT 44.5%), keep three decimals if not exact, either round up or down is ok