An insurance company processes two types of claims life and, Ask an Expert

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An insurance company processes two types of claims: Life and Property. The capacity of processing life claims is 500 per month. The capacity of processing property claims is 1,000 per month. The capacity of property claims is 500 per month. The capacity of processing property claims is 1,000 per month. Assuming a common bottleneck:

How many claims can the company process per month

500 life & 1,000 property

500 life or 1,000 property

250 life & 500 property

100 life & 800 property

400 life & 200 property

What is the Life claim Unit Load of the (common) bottleneck resource pool (month/claim)?

What is the Property claim Unit Load of the (common) bottleneck resource pool (month/claim)?

What is the artificial 50/50 mix claim Unit Load of the (common) bottleneck resource pool (month/claim)?

How many claims can the company process per month (process capacity for a 50/50 mix)?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92227103

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