Question
Consider a bank where loan applications are first handled by a credit analyst, and then by a loan officer. The credit analyst takes32 minutes for
Consider a bank where loan applications are first handled by a credit analyst, and then by a loan officer. The credit analyst takes32 minutes for each application, and the loan officer takes6minutes for each application. Both start the day with no other work. A batch of 5 applications is delivered to the credit analyst at the start of the day.Assuming that the credit analyst completes all five applications BEFORE moving them as a batch to the loan officer, how long (in minutes)does it take for the batch to be completed (by both the credit analyst and the loan officer)?
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Fundamentals of Management
Authors: Robbins, DeCenzo, Coulter
7th Edition
132996855, 0-13-610982-9 , 9780132996853, 978-0-13-61098, 978-0136109822
