An Existing Insurance Application Process Requires Manual Keying of Three

question 114

Essay

An existing insurance application process requires manual keying of three different forms by a team of data entry operators.The three forms' input times appear in the following table along with the numbers of each type of form anticipated for the coming year.A proposed refinement in the process would reduce the number of forms but make each slightly longer.This would be combined with a search of public records on the World Wide Web as necessary.These times and quantities appear in the lower half of the table.If the labor rate for the data entry operators is the same,which method is preferable?

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Definitions:

Diversity Of Backgrounds

The inclusion of individuals from a wide range of cultural, educational, and professional backgrounds in a group or organization.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, which is essential for personal growth and understanding.

Self-Regulation

The process by which an individual controls their thoughts, emotions, and behaviors in pursuit of long-term goals.