Business, 18.04.2020 04:33 ob3ymysins

Western National Bank is considering opening a drive-through window for customer service. Management estimates that customers will arrive at the rate of 15 per hour. The teller who will staff the window can service customers at the rate of one every three minutes.

Part 1 Assuming Poisson arrivals and exponential service, find:

Utilization of the teller
Average number in line
Average number in system
Average waiting time in line
Average waiting time in system, including service
Also calculate the probability of not more than three cars making it through the queue and a 95% service level expectation. Determine the actual service level and what can be done to improve it.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:30, abelxoconda

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

Answers: 1

continue

Business, 22.06.2019 01:50, jjaheimhicks3419

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

Answers: 3

continue

Business, 22.06.2019 14:50, 2020EIglesias180

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Answers: 3

continue

Business, 23.06.2019 07:00, Shamplo8817

Select all of the tools you could use to track your expenses. -budget software -spreadsheet -mint© -automatic bill payment -mvelopes®

Answers: 2

continue

You know the right answer?

Western National Bank is considering opening a drive-through window for customer service. Management...