R12.1.3: Requisition Import slows down due to number of records processed

If you check out MOS article "Requisition Import(REQIMPORT) Process Slow performance issue" via note ID 1631101.1 you will find an interesting situation where this report will slow down if it has to process more than 3000 records!  It even is choking on a relatively simple UPDATE statement too!!  Not only am I going to see if we are suffering from this issue, but think about a way to get a handle on how well reports perform according to the volume of data it needs to process.