Question: t III: APPLICATION & ANALYSIS. FLOW ANALYSIS OF CYCLE TIME. (22 Marks) ection: Analyze the following process model. Given the parts, and assigned variables and

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t III: APPLICATION \& ANALYSIS. FLOW ANALYSIS OF CYCLE TIME. (22 Marks) ection: Analyze the following process model. Given the parts, and assigned variables and values activities and paths, answer the following questions (10 Marks) 1. consider the credit application process model in belpow and the task cycle times given in Table, Let us also assume that in 60% of the cases the credit is granted. Calculate for the overall Average Cycle Time

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