FOR THIS QUESTION, WOULD STORAGE TIME BE INCLUDED IN THE SUM FOR THROUGHPUT TIME? ALSO COULD YOU EXPLAIN HOW TO GET THE THROUGHPUT TIME. THANKS

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter12: Queueing Models
Section: Chapter Questions
Problem 59P
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Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February:

 

Move time                                18 hours

Wait time                                 63 hours

Process time                             230 hours

Storage time                             15 hours

Inspection time                         22 hours

 

Compute the cycle efficiency for February:

 

FOR THIS QUESTION, WOULD STORAGE TIME BE INCLUDED IN THE SUM FOR THROUGHPUT TIME? ALSO COULD YOU EXPLAIN HOW TO GET THE THROUGHPUT TIME. THANKS

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