A mortgage service office has the following four activities involved in approving a loan application. Note that
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Question:
A mortgage service office has the following four activities involved in approving a loan application. Note that a working day is 8 hours and there are 60 minutes in one hour.
Activity | Time (minutes) |
A. Property survey | 39 |
B. Credit report | 16 |
C. Title search | 23 |
D. Final decision | 30 |
The office has three employees, activities B and C are combined together and assigned to oneemployee, while the other two employees are responsible for activities A and D respectively. What is the mortgage office's direct labor utilization (DLU) under this setting?
Numbers only (e.g., 0.445 is acceptable, but NOT 44.5%), keep three decimals if not exact, either round up or down is ok
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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