Use This Information to Answer the Following Questions -Use the Sensitivity Report to Answer the Following Questions:
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Essay
Use this information to answer the following questions.
An insurance company has three secretaries,A,B,and C that each is capable of processing four different types of insurance claims.The amount of time required by each secretary to process a particular type of a claim is summarized in the following table.
On a typical week,the insurance firm has 5 type 1 claims,4 type 2 claims,2 type 3 claims,and 3 type 4 claims.Each secretary works a maximum of 40 hours per week.The office manager wants to know how many of each type of an insurance claim should be processed by each secretary to minimize the total processing time.
-Use the Sensitivity Report to answer the following questions:
a.What is the total minimal processing time in hours?
b.Suppose that secretary A can process a type 2 claim in two hours rather than three hours.How would this impact the current optimal solution?
c.Assume that secretary C can process a type 4 claim in 6 hours rather than 5 hours.How would this impact the current optimal solution?
d.Currently,secretary C is not processing any type 4 claims.Suppose that we force secretary four to process one type 4 claim.What impact would this have on the optimal solution?
Correct Answer:

Verified
Correct Answer:
Verified
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