Clearing house for business students

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Reference no: EM131143914

Osakwe, an enterprising student, has set up an internship clearing house for business students. Each student who uses the service fills out a form and lists up to 10 companies that he or she would like to have contacted. The clearing house has a choice of two methods to use for processing the forms.

The traditional method requires about 20 minutes to review the form and arrange the information in the proper order for processing. Once this set-up is done, it takes only two minutes per company requested to complete the processing.

The other alternative uses an optical scan/retrieve system, which takes only a minute to prepare but requires five minutes per company for completing the processing. If it costs about the same amount per minute for processing witheither of the two methods, when should each be used?

Reference no: EM131143914

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