Q: A home insurance application consists of two forms:F1, which relates to the home owner, and F2, which relates to the property. On receipt, each application is processed, recorded, and separated into F1 and F2.This operation requires 10 minutes. F1 requires Activity A, for 15 minutes per unit and then Activity B for 10 minutes per unit. F2 requires Activity C for 20 minutes per unit. F1 and F2 are then combined and further processed by a loan officer for 15 minutes. All the times mentioned represent flow time at the various activities, and include the effects of waiting.
Q: A home insurance application consists of two forms:F1, which relates to the home owner, and F2, which relates to the property. On receipt, each application is processed, recorded, and separated into F1 and F2.This operation requires 10 minutes. F1 requires Activity A, for 15 minutes per unit and then Activity B for 10 minutes per unit. F2 requires Activity C for 20 minutes per unit. F1 and F2 are then combined and further processed by a loan officer for 15 minutes. All the times mentioned represent flow time at the various activities, and include the effects of waiting.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Operation mangement
Question 1: This is my process map. My professor wanted a process flowchart (as you can see for question A) so i'm wondering if there's a difference between process map and process flowchart and also is this enough for it? Also feel free to recreate it
Question 2: What is the bottleneck and why?
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