NOTE: THESE ANSWERS BELOW WILL NOT BE RIGHT (THIS WAS INCORRECT) (LAST CHEGG ANSWER WAS WRONG)

c. Early Due Date (EDD) Priority:

Average Processing Time: Approximately 10.33 days

Average Tardiness: Approximately 0.17 days

Average Number of Applications: Approximately 2.58 applications

d. Combined Processing Time and Due Dates (CR) Priority:

Average Processing Time: Approximately 10.33 days

Average Tardiness: Approximately 0.17 days

Average Number of Applications: Approximately 2.58 applications

Additional Problem 16-1 (Algo) A bonk recelves losd spplicstions from 6 customers 0 doy. The bsnk hos promised custamers thet spalicstions wil be processed in the order they sre recelved. The tsble below shows the spplicstions in the order they were recelved, the processing time for esch losn application, snd the due date that customers need to hear obout their opplicatian ststus: a. Determine the sversge proces:ing time for spplicstions, the overoge doys tsody for eoch customer's spolication, snd the oversge number of spplications be'ng processed if the bonk processes the spolications in the order they were recelved. (Round your answers to 2 decimal places.) b. The bonk decides to Improve their opp cesion procesing performsnce by giving priarity to the losns thst tske s shorter time to be processed (SPT), If they do this, determine the overoge proces:ing time, aversge tordiness, snd the sversge number of spplicstons processed. (Round your onawers to 2 decimal ploces.) C. Now sasume the bsnk glves priority to the spplicstions who hove the esriest due dastes (EDD). Determine the oversge procesaing time, oversge tardiness, snd averoge number of spplicstions in this scensilo. (Round your answers to 2 decimal ploces.) 8 Answer is complete but not entirely correct. d. Now sasume the bonk occounces thst 7 will toke into occount both the procesing time and the due dotes in order to determine the arder of the spplicstions to be processed (CR). Colculate the sverege processing tme, sversge tardiness, snd sverege number of opplications. (Round your onswers to 2 decimal places.)