Question: 5. The Holix Corporation has two separate processing centers for credit applications. Each credit application passes through three steps: step 1background credit check, step 2

5. The Holix Corporation has two separate processing centers for credit applications. Each credit application passes through three steps: step 1background credit check, step 2 credit risk profile analysis, and step 3 credit level approval and communication to client. The processing time for each of the stages is 20 minutes for credit check, 50 minutes for credit risk profile analysis, and 14 minutes for credit approval and communication. The set-up time between successive applications for each step is 10 minutes. While both processing center take similar steps, they each deal with different types of applications: processing center 1 evaluates residential customers and processing center 2 evaluates com- mercial customers. 5a. Each of the two processing centers is organized in exactly the same manner and receives the same average number of applications per day. For example, processing center 1 gets about 30 applications per 8-hour day. The first step in center 1 has 2 employees working in parallel. The second step has 4 employees working in parallel, and the third step has 2 employees working in parallel. What is the average lead time to process an application through all three steps in each processing center? 5. The Holix Corporation has two separate processing centers for credit applications. Each credit application passes through three steps: step 1background credit check, step 2 credit risk profile analysis, and step 3 credit level approval and communication to client. The processing time for each of the stages is 20 minutes for credit check, 50 minutes for credit risk profile analysis, and 14 minutes for credit approval and communication. The set-up time between successive applications for each step is 10 minutes. While both processing center take similar steps, they each deal with different types of applications: processing center 1 evaluates residential customers and processing center 2 evaluates com- mercial customers. 5a. Each of the two processing centers is organized in exactly the same manner and receives the same average number of applications per day. For example, processing center 1 gets about 30 applications per 8-hour day. The first step in center 1 has 2 employees working in parallel. The second step has 4 employees working in parallel, and the third step has 2 employees working in parallel. What is the average lead time to process an application through all three steps in each processing center

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