University admission process

Assignment Help Financial Management
Reference no: EM131449414

Use the below university admission process to answer these questions:

1. List each activity, the wait time of each activity, processing time of each activity, and any rejection/rework possibility of each activity in a table. For example,

activity wait time processing time rejection/rework

1. University Admissions    2 weeks/80 hours 0 0

2. Calculate the cycle time of activities 1 and 2, documents arrive to University Admissions and checking for completeness of the documents. Show your formula.

3. Assuming the documents are complete and sent to the Registrar and returned (activities 1, 2, and 3), calculate the cycle time. Show your formula.

4. Calculate the cycle time of the entire process. Show your formula.

5. Provide your recommendations on how to improve the current process.

University Admission Process

1. It takes, on average, 2 weeks for student application documents to arrive the the University Admissions department.

2. The check for completeness of documents takes about 10 minutes. In 20% of cases, some documents are missing and the application is rejected.

3. An Admissions Officer spends about 10 minutes to copy the degrees and transcripts and send them to the Registrar for review. The time it takes to send the documents to the Registrar and receive a response back is 2 weeks. About 10% of applications are rejected after the Registrar review.

4. Checking the English language test results takes 1 day on average but in reality, the check takes only 10 minutes. About 10% of applications are rejected after the English language review.

5. The application is sent to the Decision Committee and it takes 2 weeks for a decision to be returned. In reality, the committee spends 1 hour on each application.

6. After the decision is made, it takes 2 days for data to be entered into the Student Admissions System. In reality, data entry takes 2 minutes.

Reference no: EM131449414

Questions Cloud

An investor enters into a short oil futures contract : An investor enters into a short oil futures contract when the futures price is $18.0 per barrel.
External benefits to society : Analyze the external benefits to society and their efficient delivery:
How many contracts must it buy or sell : The multiplier on the futures equals $250. If MPM wishes to hedge the systematic risk in its portfolio, how many contracts must it buy or sell?
Result of adult deaths : If the average adult produces @20,000 of output per year, how much global output is lost as a result of adult deaths from secondhand smoke?
University admission process : Calculate the cycle time of activities 1 and 2 documents arrive to University Admissions and checking for completeness of the documents.
Do a failure mode effect criticality analysis : Do a failure mode effect criticality analysis for any new model of smart phone from Samsung - develop a "House of Quality" matrix and "Quality Plan"
An investor enters into a long oil futures contract : An investor enters into a long oil futures contract when the futures price is $18.75 per barrel.
Design a basic arithmetic logic unit : 159.233 Computer Architecture Assignment. Design a basic Arithmetic/Logic Unit (ALU) that operates on two 2-bit binary numbers a and b
Review the video of bigger than enron : The LP4 seminar is to watch the video "bigger than Enron" that can be found on the LP4 learning activities.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd