The average utiliztion of the three teller service system

Assignment Help Operation Management
Reference no: EM13902940

You are the manager of a local bank where three tellers provide services to customers. On average, each teller takes three minutes to serve a customer. Customer arrives, on average, at a rate of 44 per hour. Having recently received complaints from some customers that they waited a long time before being served, your boss askes you to evaluate the service system. Specifically you must provide answers.

a. the average utiliztion of the three teller service system is p = __ ( rounded four decimal places)

Reference no: EM13902940

Questions Cloud

Brookes co. prepare the journal entry : Refer to the information in Exercise 9  6 to complete the following requirements.
What are the advantages of using the roi measure : What are the advantages of using the ROI measure rather than the value of division profits as a performance evaluation technique?
Financial options and weighted average cost of capital : Financial Options and Weighted Average Cost of Capital
Prepare division income statements for spring waters inc : Prepare division income statements assuming the transfer price is at the external market price of $0.40 per gallon. Repeat part a. assuming a negotiated transfer price of $0.30 per gallon is used.
The average utiliztion of the three teller service system : You are the manager of a local bank where three tellers provide services to customers. On average, each teller takes three minutes to serve a customer. Customer arrives, on average, at a rate of 44 per hour.  the average utiliztion of the three telle..
Jerry tiller each capable of serving four customers per hour : Fantastic Salon is run by three stylists, jenny perez, jill sloan, and jerry tiller each capable of serving four customers per hour, on average. Use POM for windows or OM explorer to answer the following questions. During busy periods of the day, whe..
Average according to an exponential distribution : The solomon, smith, and samson law firm produces many legal documents that must be word processed for clients and the firm. Requests average 6 pages of documents per hour, an they arrive according to a poison distribution. The secretary can word proc..
Appraise the viability of hybrid social ventures in ghana : Q 1. Appraise the viability of hybrid social ventures in Ghana? Q 2.i.  List the main characteristics of hybrid business models?  ii.    In literature (Hockerts, 2015), hybrid organizations are classified in three types, according to their field of a..
Folgeys coffee company reports the following results : At December 31, Folgeys Coffee Company reports the following results for its calendar year.

Reviews

Write a Review

Operation Management Questions & Answers

  Assisted management in anticipating this crisis

Looking back at the BP oil spill (see page 317 in the textbook), what triggering events can you identify that could have assisted management in anticipating this crisis? How do you think knowing these events would have affected the outcome?

  Characteristics of a company that are stronger

These are characteristics of a company that are stronger than its competitors are. If a company is good at something, but its competitors are as well, then it is not a strength.

  What is the tracking signal

To determine when it is time to re-evaluate the usefulness of the exponential smoothing model you compute tracking signals. What is the tracking signal? What does the tracking signal tells you?

  Discuss how direct-responce advertising and sales letters

Discuss how direct-responce advertising and sales letters can be used to identify prospects.

  Describe the overall goal of a supply chain

Describe the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both

  Which is the one correct value stream principle

Look for efficiencies in the factory, office, physical, procedural, and technical operations.

  Compute the annual total cost

Compute the annual total cost (i.e. the Purchase cost + Ordering cost + Holding cost). (Please read the question more than once)

  What is excelsiors annual inventory carrying cost

Excelsior's proiducts average inventory is valued at $500,000. Inventory is ordered 52 times per yearat a reordering cost of $700/per order. THe cost of carrying inventory is 20%. What is Excelsiors annual inventory carrying cost?

  Elucidate daily profit when producing optimal amount

Profits are 40 cents for a box of Deluxe crackers also 50 cents for a box of Classic crackers. Elucidate what is daily profit when producing optimal amounts.

  Assignment on quandaries in health care

Health reform is mired in the morass of multi-tiered payment systems and multiple modes of access, limited by the ability to seek and to pay. Increasingly, patients are interacting with multiple entities within the system, causing more and more co..

  Analyze the different ways to evaluate economic performance

Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy

  Why markland manufacturing intends to increase capacity

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd