Course Solutions Uncategorized (Answered) : Auto-Moto receives about 750 loan applications per month (30 working days). All applications go through an Initial Review sub

(Answered) : Auto-Moto receives about 750 loan applications per month (30 working days). All applications go through an Initial Review sub

Auto-Moto receives about 750 loan applications per month (30 working days).

All applications go through an Initial Review sub-process, where the applications are then classified as A (looks excellent), B (needs more detailed evaluation), and C (reject summarily).

A and B applications would be forwarded to sun-processes A and B, respectively.

On average, 18 % of all applications go through Sub-process A, 42 % go through sub-process B, and the rest are rejected.

On average, 75 % of A applications, and 25 % of B applications are accepted and the rest are rejected. (Recall that all Cs were rejected.)

On average 100 applications are in

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