Bartlett Insurance company can complete 5 quotes per day. On average there are 20 quotes in...

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Bartlett Insurance company can complete 5 quotes per day. On average there are 20 quotes in various stages (e.g., talking with customers, performing analysis, recording the quotations in their big book, etc.) in the quotation department. What is the lead time for a quote (e.g., how long does it take for a quote to flow through the process)? Go to at least three decimal places for Intermediate steps (so 12.1786 would be rounded as 12.179) and one decimal place for your final answer (so 12.1793 would rounded as 12.2). Lead time days Bartlett Insurance company can complete 5 quotes per day. On average there are 20 quotes in various stages (e.g., talking with customers, performing analysis, recording the quotations in their big book, etc.) in the quotation department. What is the lead time for a quote (e.g., how long does it take for a quote to flow through the process)? Go to at least three decimal places for Intermediate steps (so 12.1786 would be rounded as 12.179) and one decimal place for your final answer (so 12.1793 would rounded as 12.2). Lead time days

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Answer 4 days To calculate the lead time for the Bartlett in... View the full answer