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Figure 1 Order to Cash Process in RIGOR Product Manufacturing Company Table 1 Estimated Processing times of the various activities RIGOR Inc is a product
Figure 1 Order to Cash Process in RIGOR Product Manufacturing Company Table 1 Estimated Processing times of the various activities RIGOR Inc is a product manufacturing company situated in the Eastern Cape. The company in generally involved in the manufacture of products to match respective customer requests. Each request from each customer is expected to be delivered within a reasonable and efficient time. The management of RIGOR Inc have been informed as follows: i) The probability of having stock of raw materials is 70% over not having stock. ii) Due to rapid demand for their products, two suppliers are requested to supply raw materials with equal probabilities of 50% 1.1 Using the following information as provide above determine the effective cycle time required by RIGOR Inc. to deliver products to a customer. (Show in clear steps how this is done) ( 20 Marks) 1.2 Determine by using any appropriate method the efficiency of this Order-to-Cash process represented in the model above. ( 20 Marks) 1.3 As a business analyst, comment in 5 Sentences, on how RIGOR Inc Page 2 of can improve on the efficiency of the process (10 Marks) 1.4 The Chief Business Analyst working at RIGOR Inc has suggested that the estimated processing times for each of the tasks be reduced by 25% across board. Determine the new overall cycle time of the Orderto-Cash process (20 Marks) FULL MARKS WILL BE AWARDED TO ANSWERS THAT SHOW THE FULL WORKINGS AND APPROPRIATE COMMENTS (REASON FOR EACH STEP) QUESTION 2 (30 Marks) Fig 2 Credit Application Model Table 2 Task Times for The Credit Application Model 2.1 Calculate the overall cycle time 2.2 Determine the Theoretical Cycle Time 2.3 What is the process efficiency? (10 Marks) (10 Marks) (10 Marks) FULL MARKS WILL BE AWARDED TO ANSWERS THAT SHOW THE FULL WORKINGS AND APPROPRIATE COMMENTS (REASON FOR EACH STEP) Figure 1 Order to Cash Process in RIGOR Product Manufacturing Company Table 1 Estimated Processing times of the various activities RIGOR Inc is a product manufacturing company situated in the Eastern Cape. The company in generally involved in the manufacture of products to match respective customer requests. Each request from each customer is expected to be delivered within a reasonable and efficient time. The management of RIGOR Inc have been informed as follows: i) The probability of having stock of raw materials is 70% over not having stock. ii) Due to rapid demand for their products, two suppliers are requested to supply raw materials with equal probabilities of 50% 1.1 Using the following information as provide above determine the effective cycle time required by RIGOR Inc. to deliver products to a customer. (Show in clear steps how this is done) ( 20 Marks) 1.2 Determine by using any appropriate method the efficiency of this Order-to-Cash process represented in the model above. ( 20 Marks) 1.3 As a business analyst, comment in 5 Sentences, on how RIGOR Inc Page 2 of can improve on the efficiency of the process (10 Marks) 1.4 The Chief Business Analyst working at RIGOR Inc has suggested that the estimated processing times for each of the tasks be reduced by 25% across board. Determine the new overall cycle time of the Orderto-Cash process (20 Marks) FULL MARKS WILL BE AWARDED TO ANSWERS THAT SHOW THE FULL WORKINGS AND APPROPRIATE COMMENTS (REASON FOR EACH STEP) QUESTION 2 (30 Marks) Fig 2 Credit Application Model Table 2 Task Times for The Credit Application Model 2.1 Calculate the overall cycle time 2.2 Determine the Theoretical Cycle Time 2.3 What is the process efficiency? (10 Marks) (10 Marks) (10 Marks) FULL MARKS WILL BE AWARDED TO ANSWERS THAT SHOW THE FULL WORKINGS AND APPROPRIATE COMMENTS (REASON FOR EACH STEP)
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