Question: Bill s Bank processes loans that must pass through three consecutive stages ( 1 , 2 , and 3 ) . The stages have output

Bills Bank processes loans that must pass through three consecutive stages (1,2, and 3). The stages have output rates of 6,4, and 5 loans per hour, respectively, as shown in the figure below.
What is the cycle time (in minutes per loan) of Stage 1?
SCM414_Exam2_Ch07-Q41a_Image.png
Group of answer choices
15 min/loan
10 min/loan
12 min/loan
37 min/loan

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