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Consider this process for the approval of a home loan for Rocket Mortgage. Demand for loans is higher than current capacity. The first step is
Consider this process for the approval of a home loan for Rocket Mortgage. Demand for loans is higher than current capacity. The first step is a document review and 110 applications per hour can be reviewed. The second step involves the actual approval process and 90 applications per hour can be processed. Lastly, a manager approval occurs and 140 applications per hour can be approved. The review process operates for 12 hours, processing for 15 hours, and approval for 16 hours. Please calculate the process flow time (i.e., the throughput time)
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