Consider a mortgage refinance operation at a bank. If the average comp – McqOptions

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1.	Consider a mortgage refinance operation at a bank. If the average completion rate for submitted applications is 100 completions per day, and there are 1500 applications waiting for processing, the process cycle time is ___________
A.	15 hrs
B.	15 days
C.	150 days
D.	15.33 days
Answer» C. 150 days

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