Processes two types of claims-life and property

Assignment Help Operation Management
Reference no: EM131269541

An insurance company processes two types of claims: Life and Property. The capacity of processing life claim is 463 per month. The capacity of processing property claims is 970 per month. What is the effective capacity of processing a mix of 30%-70% of the two types _ ?

Reference no: EM131269541

Questions Cloud

Collaborative planning-forecasting and replenishment : How are integrated operations controlled through Collaborative Planning, Forecasting, and Replenishment (CPFR) and associated execution techniques?
How do you treat this patient now : What is your list of differential diagnoses in this case and explain how each of these fits with the case patient as described above. Be sure to list at least four (4) pertinent differential diagnoses.
Firm approach to organization structure : Country of origin influences a firm's approach to organization structure. As multinational corporations/enterprises (MNCs/MNEs) from Vietnam, India and China internationalize, clearly explain the degree to which they are likely to differ from the ..
Write essay in which respond to contents of wheeler article : Write an essay in which you respond to the contents of Wheeler's article. Did the City Council of Oakland, California, do the right thing in 2014 (when it voted to limit the focus of the Domain Awareness Center to only the port area)? Why? Why not
Processes two types of claims-life and property : An insurance company processes two types of claims: Life and Property. The capacity of processing life claim is 463 per month. The capacity of processing property claims is 970 per month. What is the effective capacity of processing a mix of 30%-70% ..
Write book review of settlement of americas a new prehistor : Write a book review of Thomas Dillehay (2000) The Settlement of the Americas: A New Prehistor. Have they convinced you? Why do you think someone might have a different opinion than you?
Identify the critical paths in the aon diagram : Draw an AON diagram with details of the Task name, the start and finish times, and the duration of each task. Identify the critical path(s) in the AON diagram. What is the duration (in total days) of the project? Task A is the first task, with durati..
Order quantity in regards to inventory cost efficiency : Identify a firm currently using a JIT system of materials management and describe the relationships between service level, uncertainty, safety stock, and order quantity in regards to inventory cost efficiency.
Effective way to conduct training : Read the article titled "Southwest Airlines: Employee Education Takes Flight". Next, determine if Southwest's method of training is an effective way to conduct training.

Reviews

Write a Review

 

Operation Management Questions & Answers

  What are the eoq''s for both printing companies

Using the EOQ's above and volume order information provided, what will be the cost of the programs and inserts if they are purchased from Quality Printing

  Prepare a brief strategy strategic plan is to improve

Develop a competitor profile for your college and for the college geographically closest to yours next prepare a brief strategy strategic plan is to improve the competitive position of the weaker of the two colleges. Please post responces by an ..

  If a third worker were added to the team

A transshipment center receives incoming trucks at its loading dock; on average, 1.2 trucks arrive each hour. There is currently a team of two workers at the dock, who unload each shipment in about 30 minutes. Each worker is paid $10 per hour and ..

  Primary research of pharmaceutical manufacturer

A pharmaceutical manufacturer employed observations to improvement training of new reps. What category of research is this?

  Current distribution strategies of these firms

Gateway and dell computers both initially instituted a direct channel strategy but have expanded changed their distribution strategies. Given the market structure of the computer industry, please explain the advantages and disadvantages of both the i..

  Ethical for the federal government

Do you think we could agree that a circumstance under which it would be ethical for the federal government to record or track calls or internet searches without a warrant is that of protecting U.S. citizens? What ethical theory from our text do you f..

  Simple moving average and weighted moving average

How can you make a forecast more responsive when using: 1) a simple moving average, 2) a weighted moving average, or 3) exponential smoothing? Answer for each method separately.

  Baggage handling-seat assignment system-service encounters

Compare the lean service system of Southwest Airlines to a full service airline such as United Airlines of British Airways on the following: Airplane boarding process, cabin service, ticket transfer to other Southwest flights, frequent flyer programs..

  Account the current events surrounding chipotle

Taco Bell and Qdoba are both listed as competitors to Chipotle. Taking into account the current events surrounding Chipotle, which do you think is the greater threat, Taco Bell or Qdoba, and why?

  What is the optimal maintenance interval

Suppose that the average time before breakdown is normally distributed with a mean of 2.5 weeks and a standard deviation of .4 weeks. If breakdowns cost an average of $1,200 and preventive maintenance costs $800, what is the optimal maintenance inter..

  Credit analyst at the start of the day

Assuming that the credit analyst gives each application AS SOON AS IT IS REVIEWED to the loan officer, how long (in minutes) does it take for the batch to be completed (by both the credit analyst and the loan officer)?

  What is the best approach for an order taking system

What is the best approach for me to take in creating or implementing an order taking system and how do I deal with Privacy issues?

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