Question: QUESTION 7 An 8 step banking process averages 3 0 minute transactions. Only 6 steps are value added, taking 1 2 minutes to complete. Process

QUESTION 7
An 8 step banking process averages 30 minute transactions. Only 6 steps are value added, taking 12 minutes to complete. Process cycle efficiency & velocity for 3 customers in queue are:
30% and 9 steps/hour
80% and 5 steps/hour
13% and 4 steps/hour
20% and 6 steps/hour
 QUESTION 7 An 8 step banking process averages 30 minute transactions.

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