Question: The McDuff Credit Union advertises their ability to quickly process personal loan applications for their members. As seen in the table provided, the loan process

The McDuff Credit Union advertises their abilityThe McDuff Credit Union advertises their abilityThe McDuff Credit Union advertises their ability

The McDuff Credit Union advertises their ability to quickly process personal loan applications for their members. As seen in the table provided, the loan process requires four steps and takes approximately eight working days to complete. To process a loan, the Credit Union requires accounting clerks, financial analysts and a branch manager. The table below provides the time required by each employee classification by process level. Calculate the total hours of each resource that will be required by McDuff's if the following numbers of loan approvals are forecasted by the Credit Union for each working day over the next 12 days. Click the icon to view the lead time data for McDuff Credit Union. Click the icon to view the resource requirement data for McDuff Credit Union. Click the icon to view the forecasted numbers of loan approvals. Fill in the table below. (Enter your responses rounded to two decimal places.) 1 2 3 4 5 6 7 5 6 8 9 10 11 12 Day of the Month Accounting Clerk hours - X More Info Lead time in Days 1 3 Personal Loan Approval Process Level 1: Final Approval Level 2: Loan Processing Level 3: Pre-Approval Level 4: Initial Application Screen Total 00 NNW - 2 2 8 Financial Analyst Branch Manager hours hours per day per day Personal Loan Approval Process - Accounting Clerk Resources Required hours per day Level 1: Final Approval 2.00 Level 2: Loan Processing 1.50 Level 3: Pre-Approval 0.50 Level 4: Initial Application Screen 0.00 1.00 0.50 0.50 0.00 0.00 0.20 0.20 1.00 1 2 3 4 5 6 7 8 9 10 11 12 Day of the Month Personal Loan Applications AN too NN 4 4 10 8 4 4 7 6 5 3 6 4

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