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PA 5-1 (Static) GV is a small accounting firm supporting... GV is a small accounting firm supporting wealthy individuals in their preparation of annual income
PA 5-1 (Static) GV is a small accounting firm supporting... GV is a small accounting firm supporting wealthy individuals in their preparation of annual income tax statements. Every December, GV sends out a short survey to its customers, asking for the information required for preparing the tax statements. Based on 50 years of experience, GV categorizes its cases into the following two groups: Group 1 (new customers): 20 percent of cases Group 2 (repeat customers): 80 percent of cases This year, there are 50 income tax statements arriving each week. In order to prepare the income tax statement, GV has three resources. The activities are carried out by the following three persons who each work 40 hours per week: An administrative support person who processes every tax statement. A senior accountant (who is also the owner) who processes only tax statements for new customers. A junior accountant who only processes tax statements for repeat customers. Group Administrator [min/unit] Handling by Senior Accountant [min/unit] 40 Handling by Junior Accountant [min/unit] n/a 1 20 20 n/a 15 (a) What is the total demand rate for each of the three resources? Administrator per week Accountant per week Junior accountant per week (b) Which of the three persons is the bottleneck? O Administrator O Senior accountant O Junior accountant (C-1) For a mix of 20:80 between new and old cases, what is the flow rate for new customers? new cases per week For a mix of 20:80 between new and old cases, what is the flow rate for repeat customers? new customers per week (C-3) For a mix of 20:80 between new and old cases, what is the capacity for new customers? cases per week For a mix of 20:80 between new and old cases, what is the capacity for (C-4) repeat customers? cases per week
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