Question: Directions: There are two parts to this assignment. Complete both sections. In a company that processes insurance claims, the average flow rate is 10 claims
Directions: There are two parts to this assignment. Complete both sections.
- In a company that processes insurance claims, the average flow rate is 10 claims per-hour and the average throughput time is six hours.
- How many claims are in the system on average?
- If the demand for claims to be processed is seven per hour and the capacity is eight per hour, what is the flow rate?
- What assumptions have you made in your answers?
- Draw a flowchart for the following processes:
- Procedure used to pay your bills
- Checking out a book from the library
Prepare question 1 in Microsoft Excel. Use proper formulas and terms. Show the calculations.
Prepare question 2 in Microsoft PowerPoint. Use proper flowchart symbols.
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