what is the answer to number 3? 2. The Ball Manufacturing plárit in U roughly 6,
ID: 416402 • Letter: W
Question
what is the answer to number 3?
2. The Ball Manufacturing plárit in U roughly 6,000,000 cans per day operating over three shifts, 24 hours per day. A manager wanted to know how much aluminum was in process at any point in time in the plant. A study revealed that it took 5 hours for cans to get through the plant, starting after the first operation and ending when a can finished and put in finished goods inventory. Each can weighs 1 ounce. How many pounds (using a conversion rate of 16 ounces to a pound) of aluminum were there in the production process? 78,125 pounds 3. A manager in an insurance claims operation needed to estimate the time required, on average, to process a claim from the time a customer first contacted the insurance company until a check was issued or, otherwise, the claim was rejected. The company's computer systems did not track such information, but it could be determined from the computer database that an average of 55,000 claims was processed per year and the average number of claims in process at any one time was 2,500. How long, on average does it take to process a claim? 22 Days 4. (Adapted from Anupindi, et al., Managing Business Process Flows): The Internal Revenue Service Department of the Tax Regulations writes tax regulations in accord with laws passed by Congress. On average, the department writes 300 regulations (projects) per year. The Wall Street Journal reports t, as of October 11, 1997, the number of projects currently "on the Department's plate" is 588. d rlaims that the average time to complete a project is less than six why not? If theExplanation / Answer
Average number of claims processed per year = 55,000
Average number of claims at one time = 2,500
The number of days to process a claim = Average number of claims processed per year/Average number of claims at one time = 55000/2500 = 22 days
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.