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TOPIC: Memorandum for Mortgage
TYPE: Business Plan
: 17.04.2017 17:00
Money Pit Mortgage Company (MPM) is interested in monitoring the performance of the mortgage process. Your team has been hired by Mr. Bull, the president of MPM, to analyze the companyâ€™s mortgage process. Your team obtained twenty random samples of five completed mortgage transactions each. The times to complete the transactions were measured in days. Sitting down in your office with all of the relevant information, your team is about to analyze their mortgage process and make recommendations to help them improve their process. What conclusions can your team make on their mortgage process from the data? Explain how you can reach your conclusion. Provide relevant recommendations, if any. Directions: Prepare a business memo to Mr. Bull, outlining your analyses, explanations, and conclusions to help him better understand the mortgage process. Use the memo writing guidelines (sample business memo) from the course website as your reference. Do not simply follow the guideline. It is just a sample! Your business memo should be clear, in detail, professional, and self-explanatory. Along with your thorough analysis, organization and flow of paragraphs and sentences, clarity and correctness, and your written presentation are important in the evaluation. Source is Operations Management 10th edition by William Stevenson Chapters 6, 8, 9, and 10
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