Assignment:
You need help modling both of these for Fundamentals of Business Process Management text book, below is the given data from the book. Thanks for the help. I put operations managment as the subject but its for the class current topics in managment and I have listed the textbook above.
Exercise: Model the following business process for handling down payments.
The process for handling down payments starts when a request for payment has been approved. It involves entering the down payment request into the system, the automatic sub- sequent payment, and emission of the direct invoice and the clearance of the vendor line items. The clearing of the vendor line items can result in a debit or credit balance. In case of debit balance, the arrears are processed; otherwise the remaining balance is paid.
Exercise: Model the following business process for assessing credit risks.
When a new credit request is received, the risk is assessed. If the risk is above a threshold, an advanced risk assessment needs to be carried out; otherwise a simple risk assessment will suffice. Once the assessment has been completed, the customer is notified with the result of the assessment and meantime the disbursement is organized. For simplicity, assume that the result of an assessment is always positive.