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Business
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| Number of pages / Number of words: |
5 / 1339 |
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Can you identify the problems in the way Manzana is calculating turnaround time in exhibit 3?
In calculating the turnaround time, Manzana takes into account the 95th percentile of the completion time. This is a very conservative estimate, the calculation should be done using the mean. This results in a difference by a factor of 2-3, which has a significant effect on the turnaround time...
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Can you identify the problems in the way Manzana is calculating turnaround time in exhibit 3?
In calculating the turnaround time, Manzana takes into account the 95th percentile of the completion time. This is a very conservative estimate, the calculation should be done using the mean. This results in a difference by a factor of 2-3, which has a significant effect on the turnaround time...
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