Q5

Question 5. Flow Rate and Capacity Analysis (20 marks) 5. A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two categories: shopping centers, and medical complexes. The typical work involved in each transaction is quite predictable and repetitive. The time requirements (unit loads) for preparing a standard contract of professionals of each type and the number of available hours per professional per day (the rest of time is taken by other office activities): t.oad Shopping hours Medical part) port Polls Heurs Available en per professoal per day 6 Tes y For the month of November 2019, the firm has generated the 150 orders, 75 of each type. Assume one month equals 20 days. 5(a) At the current product mix (50%-50%), calculate the unit load mix at each department. 5(a)() At 50% product mix, the Unit load at Paralegal is _hours per contract. * Your answer 5(a)(ii) At 50% product mix, the Unit load at Tax lawyer is _hours per contract. Your answer 5(a)(ii) At 50% product mix, the Unit load at Senior partner is hours per contract. Your answer 5(b) Calculate the capacity of each department (contracts per day). 5(b)() The capacity of Paralegal is _units per day. (Present the answer by 1 decimal place) 5(b)(ii) The capacity of Tax Lawyer is _units per day. Your answer 5(b)(ii) The capacity of Senior Partner is _units per day.* Your answer 5(c) What is the effective capacity of the process (contracts per day)? 5(c) The capacity of the process is _contracts per day. Your answer 5(d) Can the company process all 150 cases in November? 5(d)(0) Assuming 20 working days in a month, the capacity is contracts 5(d)(1) Assuming 20 working days in a month, the capacity is _contracts per month. * Your answer 5(d)(ii) Can the company process all 150 cases in November? Yes NO Unknown 5(e) If the firm wishes to process all the 150 cases available in November, how many professional of each type are needed? 5(e)(0) Number of Professionals required by Paralegal is L.(Round to the nearest integer) * 5(e) (i) Number of Professionals required by Paralegal is .(Round to the nearest integer) * Your answer 5(e)(ii) Number of Professionals required by Tax Lawyer is .(Round to the nearest integer) * Your answer 5(e) (iii) Number of Professionals required by Senior partner is (Round to the nearest integer) Your answer Question 5. Flow Rate and Capacity Analysis (20 marks) 5. A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two categories: shopping centers, and medical complexes. The typical work involved in each transaction is quite predictable and repetitive. The time requirements (unit loads) for preparing a standard contract of professionals of each type and the number of available hours per professional per day (the rest of time is taken by other office activities): t.oad Shopping hours Medical part) port Polls Heurs Available en per professoal per day 6 Tes y For the month of November 2019, the firm has generated the 150 orders, 75 of each type. Assume one month equals 20 days. 5(a) At the current product mix (50%-50%), calculate the unit load mix at each department. 5(a)() At 50% product mix, the Unit load at Paralegal is _hours per contract. * Your answer 5(a)(ii) At 50% product mix, the Unit load at Tax lawyer is _hours per contract. Your answer 5(a)(ii) At 50% product mix, the Unit load at Senior partner is hours per contract. Your answer 5(b) Calculate the capacity of each department (contracts per day). 5(b)() The capacity of Paralegal is _units per day. (Present the answer by 1 decimal place) 5(b)(ii) The capacity of Tax Lawyer is _units per day. Your answer 5(b)(ii) The capacity of Senior Partner is _units per day.* Your answer 5(c) What is the effective capacity of the process (contracts per day)? 5(c) The capacity of the process is _contracts per day. Your answer 5(d) Can the company process all 150 cases in November? 5(d)(0) Assuming 20 working days in a month, the capacity is contracts 5(d)(1) Assuming 20 working days in a month, the capacity is _contracts per month. * Your answer 5(d)(ii) Can the company process all 150 cases in November? Yes NO Unknown 5(e) If the firm wishes to process all the 150 cases available in November, how many professional of each type are needed? 5(e)(0) Number of Professionals required by Paralegal is L.(Round to the nearest integer) * 5(e) (i) Number of Professionals required by Paralegal is .(Round to the nearest integer) * Your answer 5(e)(ii) Number of Professionals required by Tax Lawyer is .(Round to the nearest integer) * Your answer 5(e) (iii) Number of Professionals required by Senior partner is (Round to the nearest integer) Your