One employee is in charge of the following activities at a drive-through of a bank: Activity Activity Time per Customer Greet customer 2 seconds Take order 3 seconds Process order 2 minutes Print receipt 10 seconds What is the processing time (in seconds) of the drive-through process at the bank?

26.67

Explanation:

Processing Time = 2 sec + 3 sec + 2 min + 10 sec

2 minutes = 2 x 60seconds = 120

Processing time = 120 + 2+ 3 + 10

= 135 sec

Process Capacity

= 1/135 x 60 (sec/min)

= 0.007407 x 60

= 0.44444

0.44444 x 60 (min/hr)

= 26.67

answer; no individual buyer or seller has any significant impact on the market price;