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Hint(s) Check My Work The consumer loan division of a major bank wants to determine the size of the staff it would need to
Hint(s) Check My Work The consumer loan division of a major bank wants to determine the size of the staff it would need to process up to 205 loan applications per day. It estimated that each loan officer can process a loan application in approximately 20 minutes. If the utilization of a loan officer is 0.90 (90 percent) and each loan officer works eight hours each day, how many loan officers would be needed to handle that volume of business? Round your answer up to the nearest whole number. loan officers
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