A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two categories: shopping centers, and medical complexes. The typical work involved in each transaction is quite predictable and repetitive.
A law firm specializes in the issuance of insurance policies covering large commercial real estate projects. The projects fall into two
categories: shopping centers, and medical complexes. The typical work involved in each transaction is quite predictable and repetitive.
The time requirements (unit loads) for preparing a standard contract of each type are given in the below table. Also listed are the
number of professionals of each type and the number of available hours per professional per day (the rest of time is taken by other office activities). For the month of March, 2015. the firm has generated the 150 orders, 75 of each type. Assume one month equals 20
days. Data for Law Firm Hours Available U ‘tL dSh ‘ U ‘tL de’l
m oa opplng m oa e Ica No.0fProfessionals (hours per professional ( hours per contract) (hours per contract) per day)
Paralegal 4 6 4 6
Tax Lawyer 1 3 3 8
Senior Partner 1 1 2 4 Note (Enter only numbers DO NOT enter any text)
a. Fill in the following table Unit Load for Product Total hous Resources can Effective Capacity of Resource
Mix Work Pool ( hours per contract) (hours per day) (contracts per day) Paralegal Senior
Partner b. What is the effective capacity of the process (contracts per day) based on data in part a contracts per day c. Out of the 150 cases, how many will the firm process in the month of March? out of 150 contracts