Use the process diagram in the Power Point for 3B-3 Homework to complete the table and answer the following questions.

		I=R*T	R=I/T	R	T=I/R
		Inventory	Throughput	Throughput	Flow Time
Unit of Measure		Appeals	Appeals /month	Appeals / day	days
Buffer 1
Application Printed
Buffer 2
Application Reviewed
Buffer 3
Decision communicated
Totals

The process diagram for 3B - 3 represents a high level view of the student financial aid appeals process.

** Assume 20 working days in the month ** Assume 8 working hours / day ** Extend your answers to 3 decimal points a. What is the flow unit of this process? b. What is the inventory in this process? Use units of measure consistent with this problem. c. What is the throughput of this process? Use units of measure consistent with this problem. d. What is the flow time of this process in days? Use units of measure consistent with this problem.

e. Explain how inventory in some stages of the process can be less than one application.

3B-3: Homework Dlagram