Question: A financial institution's back office processes credit applications. Each application goes through four stages (in a sequence) as shown in the figure below. One person

A financial institution's back office processes

A financial institution's back office processes credit applications. Each application goes through four stages (in a sequence) as shown in the figure below. One person works at each stage and the time that person takes (at each stage) to process one application is shown in the figure. Now the office has decided to put TWO (2) persons (each with equal capacity as before) instead of ONE at stage 3. If the office needs to start working on a new application every five minutes on an average, how many work- in-progress applications are expected to be accumulated in front of Stage 3 after 5 hours of work (if 2 persons work at Stage 3)? A financial institution's back office processes credit applications. Each application goes through four stages (in a sequence) as shown in the figure below. One person works at each stage and the time that person takes (at each stage) to process one application is shown in the figure. Now the office has decided to put TWO (2) persons (each with equal capacity as before) instead of ONE at stage 3. If the office needs to start working on a new application every five minutes on an average, how many work- in-progress applications are expected to be accumulated in front of Stage 3 after 5 hours of work (if 2 persons work at Stage 3)

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