Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Consider the following loan application process. The decimal numbers in bold (0.3 and 0.1) correspond to the probability of taking the branch in question (also
Consider the following loan application process. The decimal numbers in bold (0.3 and 0.1) correspond to the probability of taking the branch in question (also called the "rework" probability). All the gateways in this process are XOR gateways. Calculate the cycle time of this process using the data depicted in the diagram and table below. (5 marks) No Receive info Request info 0.3 Check for -Yes- Perform checks Make decision -no completeness O Start Notify End complete? decision Review request? 0.1 yes Receive review request The activity times are given below. Task/Event Average activity time Check for completeness 30 mins Perform checks 2 hours Request info 10 min Receive info 2 hours Make decision 1 hour Notify decision 10 min Receive review request 8 hours
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started