Calculate the fty and rty for the process


Assignment task:

Part A: A government agency handles application for assistance for local families. The process for each application includes:

  • A representative enters the family's information into a computer system.
  • A separate staff member reviews the information and uses an income scale to determine if the family is eligible for any assistance.
  • The second school staff members send the family a letter stating their options for assistance.

 All the applications and customer feedback for March were reviewed, and the team found the following information:

  • 643 families sought assistance in March.
  • 3 families were not able to complete the application process because the representative took too long to see them.
  • 50 applications could not be passed to the second Rep because of incomplete information.
  • 45 applications did not complete information at first, but that information was later received.
  • The second staff member was able to process all completed application she received.
  • Of all letters that went out to families, 10 included incorrect information.

Calculate the FTY and RTY for this process.

Part B: Suppose that the direct processing cost for an application, on average, is $200/application. A reworked application incurs, on average, an additional processing charge of $40/application. Focus only on the processing cost and the rework cost; calculate average Processing Cost per Good Application and Total Yield after Rework per Month.

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