The national state bank is trying to make sure enough teller

Assignment Help Operation Management
Reference no: EM1380814

The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks. They are only concerned with the last hour of the day from 4:00 to 5:00 P.M. It takes 5 minutes per customer to be processed by the tellers.

The average customer arrivals are shown in the table below.

TIME CUSTOMERS ARRIVING

4:00-4:05 2 customers
4:05-4:10 5 customers
4:10-4:15 6 customers
4:15-4:20 8 customers
4:20-4:25 10 customers
4:25-4:30 12
4:30-4:35 16
4:35-4:40 12
4:40-4:45 10
4:45-4:50 6 customers
4:50-4:55 4
4:55-5:00 2
5:00-5:05 0
Total = 93 customers

The bank currently has 8 teller stations and all are staffed during the Friday afternoon rush hour.

a. What is the current maximum output at the bank during rush hour?

b. Can the bank process all the customers by 5:00 P.M.?

c. What is the maximum waiting time for customers and what time period does it occur in?

Reference no: EM1380814

Questions Cloud

What is the horizon value forecasted information : You are given the following forecasted information for the year 2016: sales=$300,000,000, Operating Profitability=6%, Capital Requirements=43%, growth=5%, and WACC=9.8%.
What is the capacity of the process : what is the capacity of the process, and what is the bottleneck? what is the average throughput time, and if the average flow rate is five customers per hour, what is the average number of customers in the system?
Compute the tax liability : Describe the tax effect, and explain the tax consequences based on sound judgment and relevant tax authority or tax concept/doctrine. Be sure to specify which concept or doctrine applies if appropriate.
Maslow hierarchy of needs : Discuss and explain how the theory designates the team member roles and responsibilities also discuss how Maslow's Hierarchy of Needs applies to professional work dynamics.
The national state bank is trying to make sure enough teller : The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks
C++ statements that define the function grade : At Enlightened State University, students earn grades of Honors, Pass, or Fail rather than usual letter grade. The function grade returns H, P, F depending on whether avg merits a grade of Honors.
Organizing function of management : Discuss and explain the company function of management as it relates to at least two of the organizational resources:
Which proposal would you recommend to top management : Which proposal would you recommend to top management? Why? How much of a change in sales would be required in order to make the returns of the two proposals equivalent
Java application that prints the table : Create a JAVA application that prints the table using the sqrt () method in the Math class. Use a for loop to produce the output results.

Reviews

Write a Review

Operation Management Questions & Answers

  Which forecasting technique would you consider

From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?

  Compute labour productivity for each of weeks

Compute labour productivity for each of weeks. On basis of your calculations, illustrate what can you conclude about crew size also productivity.

  Explain seldom performed even slightest investigation

explain seldom performed even slightest investigation of property before recommending it to managing members. Eric also purchased a couple of rental properties on his own account.

  The goal is to choose a design that maximizes the profit

The goal is to choose a design that maximizes the expected profit at a typical restaurant over a 300-day period. Designs K1, K2, and K3 cost $100 000, $130 000, and $180 000 respectively.

  Lessons from operations management

This solution offers the student with a brief overview of most important thing you could learn from operations management (as well as an example). It's approximately 230 words and one reference is included.

  Determine the optimal production mix for the organization

Given that the profit per chair is $50 also that of the desk is $100, determine the optimal production mix for the organization.

  Find replacement chips for its product lines

The task is unpleasant because the firm has not been able to find replacement chips for its product lines. Here is the Demand over the past 12 quarters.

  Illustrate what will its payout ratio be

Welch Business is considering 3 independent projects, each of which requires $5 million investment. Approximated internal rate of return IRR and cost of capital for se projects are presented below. Illustrate what will its payout ratio be.

  Illustrate what is the average number of people in line

Illustrate what is the average number of people in line. Karen raises the price to $5 per cup and takes 60 seconds off the service time.

  Demonstrate why leaders should practice concepts

Demonstrate why leaders should practice concepts from Robert Cole's Principles of an Empowered Workplace to empower their employees.

  Calculate the pros also cons of each alternative action

Calculate the pros also cons of each alternative also suggest a course of action at your CEO.

  What considering outsource daily room cleanup for her motel

What considering outsource daily room cleanup for her motel. Susan's Yearly fixed cost for space, equipment and supplies are $61,000.

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