Question

Three employees work at Al-Malath Insurance Company (AMIC). They process 600 insurance policies in a week....

Three employees work at Al-Malath Insurance Company (AMIC). They process 600 insurance policies in a week. AMIC operates 5 days a week and its employees work 8 hours per day. How many insurance policies does an employee process per hour?

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Three employees work at Al-Malath Insurance Company (AMIC). They process 600 insurance policies in a week....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 12 A government agency has 600 employees. The employees were asked whether they preferred a...

    Question 12 A government agency has 600 employees. The employees were asked whether they preferred a four-day work week (10 hours pe! information on the employees' responses broken down by gender. Four days (A) Five days (B) Flexible (C) Total Male (M) 100 400 100 600 Female (F) 200 500 700 1400 Total 300 900 800 2000 What is the probability that a randomly selected employee is male? b. A randomly selected employee turns out to be male. Compute the...

  • Employees turnover Healthcare employees make 112 $ per hour on average. They normally work 8 hours...

    Employees turnover Healthcare employees make 112 $ per hour on average. They normally work 8 hours per day. Use this information to calculate retaining employees’ costs. Some of the cost will not be relevant in your analysis. please provide some details and explaining. Hiring New Staff: Marketing costs per employee: 19,000 Pay for relocation per employee: 19,000 Training per employee: 375,000 Nonproductive hours due to fatigue per employee during the training period (current staff) per employee: 37,000 Retaining Employees: Productive...

  • 1. (i) A bicycle assembly shop has four employees (one supervisor and three workers) who assemble...

    1. (i) A bicycle assembly shop has four employees (one supervisor and three workers) who assemble 175 bikes each week. Employees work five days a week, and 8 hours a day. Labor costs are $ 20 per hour for the supervisor and 12.50 per hour for the workers. The tools and equipment used in the assembly process cost $ 60,000. Capital expenses are 15% of costs per year. Utilities and supplies cost $ 28,000 a year. Assume 52 weeks per...

  • Aspen Ski Resorts hos 100 employees, each working 40 hours per week and earning $16 an...

    Aspen Ski Resorts hos 100 employees, each working 40 hours per week and earning $16 an hour. Although the company does not pay any health or retirement benefits, one of the perks of working at Aspen le that employees are allowed free skling on their days off. Federal Income taxes are withheld at 15% and state Income taxes at 5% FICA taxes are 7.65% of the first $129,400 earned per employee and 145% thereafter. Unemployment taxes are 6.2% of the...

  • Aspen Ski Resorts has 100 employees, each working 40 hours per week and earning $16 an...

    Aspen Ski Resorts has 100 employees, each working 40 hours per week and earning $16 an hour. Although the company does not pay any health or retirement benefits, one of the perks of working at Aspen is that employees are allowed free skiing on their days off. Federal income taxes are withheld at 15% and state income taxes at 5%. FICA taxes are 7.65% of the first $128,400 earned per employee and 1.45% thereafter. Unemployment taxes are 6.2% of the...

  • A company offers ID theft protection using leads obtained from client banks. Three employees work 40...

    A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $12 per hour per employee. Each employee identifies an average of 3,400 potential leads a week from a list of 4,800. An average of 7 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,400 per week, and overhead costs are $8,900 per...

  • A company offers ID theft protection using leads obtained from client banks. Three employees work 40...

    A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $12 per hour per employee. Each employee identifies an average of 3,400 potential leads a week from a list of 4,600. An average of 6 percent of potential leads actually sign up for the service, paying a one-time fee of $80. Material costs are $1,500 per week, and overhead costs are $9,300 per...

  • A company offers ID theft protection using leads obtained from client banks. Three employees work 40...

    A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $12 per hour per employee. Each employee identifies an average of 3,400 potential leads a week from a list of 4,800. An average of 7 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,400 per week, and overhead costs are $8,900 per...

  • An insurance company pays out claims on its life insurance policies in accordance with a Poisson...

    An insurance company pays out claims on its life insurance policies in accordance with a Poisson process rate λ = 5 per week. If the amount of money paid on each policy is exponentially distributed with mean $2000, what is the mean and variance of the amount of money paid by the company over a 4-week period?

  • Employers want to know which days of the week employees are absent in a five-day work...

    Employers want to know which days of the week employees are absent in a five-day work week. Most employers would like to believe that employees are absent equally during the week. Suppose a random sample of managers were asked on which day of the week they had the highest number of employee absences. The results were distributed as follows: Number of Absences on Monday where 8 Number of Absences on Tuesday where 9 Number of Absences on Wednesday where 19...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT