Question: Subprocess A Review Accepted Initial Review Subprocess B Review Rejected Auto-Moto receives about 1000 loan applications per month (30working days). All applications go through an

Subprocess A Review Accepted Initial Review

Subprocess A Review Accepted Initial Review Subprocess B Review Rejected Auto-Moto receives about 1000 loan applications per month (30working days). All applications go through an Initial Review sub-process, where the applications are then classified as A (looks excellent), B (needs more detailed evaluation), and C (reject summarily). A and B applications would be forwarded to sub-processes A and B, respectively. On average, 24% of all applications go through Sub-process A, 30% go through sub-process B, and the rest are rejected. On average, 70% of applications in sub-process A, and 10% of applications in sub-process B are accepted and the rest are rejected. (Recall that all Cs were rejected.) On average 100 applications are in the Initial Review sub-process, 48 are in sub-process A, and 10 applications are in sub- process B. 7. Compute the average flow time of a rejected application. The potential answers are: A: 5.15 days. B: 4.6 days. C: 3.88 days. D: 13.13 days. E: 12 days. D 8. Using which one of the following numbers can you prove that the flow times that you have found for accepted and rejected applications are correct? The potential answers are: A: 4.74 B: 4.9 C: 15 D: 15.24 E: 5.8

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