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 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.
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Part 2
Fill in the table below. (Enter your responses rounded to two decimal places.)
| Day of the Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| Accounting Clerk hours | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here |
Part 3
| Financial Analyst hours | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here |
Part 4
| Branch Manager hours | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here | enter your response here |
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