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How many claims are in the system on average

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-In a company that processes insurance claims, the average flow rate is 10 claims per-hour and the average throughput time is six hours.

-How many claims are in the system on average?

-If the demand for claims to be processed is seven per hour and the capacity is eight per hour, what is the flow rate?

-What assumptions have you made in your answers?

-Draw a flowchart for the following processes:

-Procedure used to pay your bills

-Checking out a book from the libraryPrepare question 1 in Microsoft Excel. Use proper formulas and terms. Show the calculations.

Prepare question 2 in Microsoft PowerPoint. Use proper flowchart symbols.

Reference no: EM132750478

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