Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Module 3 Problem Set

Module 3 Problem Set

Q Scenario 1: SmallBiz, Inc.SmallBiz Inc. provides credit services to owners of small businesses with store fronts in Baltimore. An application for services consists of 2 forms: F1 relates to the business owner, and F2 relates to the location. Upon receipt, each application is processed, recorded, and separated into F1 and F2. This operation requires 10 minutes. F1 requires activity A for 15 minutes, followed by Activity B for 10 minutes. F2 requires Activity C for 20 minutes per unit. F1 and F2 are then combined and reviewed by a Risk Manager for 15 minutes (Activity D). All times listed here represent flow time at each activity and include associated waiting

View Related Questions

Solution Preview

2 Application process is same for All so 10 Min for this step Then divided into two forms F1 & F2 Total time required for F1 is 25 Min Total time required for F2 is 20 Min Then combine F1 & F2. So, from this statement we analyze that F2 wait for 5 min for next processing. So, both activities finished in 25 Min. Both are parallel Processes. After completion of F1 & F2 send this form to manager. This step takes 15 Min. Total time = 10 + 25 + 15 = 50 Min Whole process requires 50 min for completion Using given data.