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Problem 11-10 (Algo) An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills out a form

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Problem 11-10 (Algo) An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills out a form and lists up to 14 companies that he or she would like to have contacted. The clearinghouse has a choice of two methods to use for processing the forms. The traditional method requires about 19 minutes to review the form and arrange the information in the proper order for processing. Once this setup is done, it takes only two minutes per company requested to complete the processing, The other alternative uses an optical scan/retrieve system, which takes only six minutes to prepare but requires two minutes per company for completing the processing .. Calculate the process time under each method? Process time Traditional method minutes Scan/retrieve system minutes b. If it costs about the same amount per minute for processing with either of the two methods, which method is better? O Scan/retrieve system O Traditional method

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