Determine how many transfer slips are needed on friday

Assignment Help Econometrics
Reference no: EM13235833

Each bank teller workstation is forecasted to process 400 transactions (the end-item) on Friday. The bank is open from 9:00 am to 7:00 pm on Friday with 90 minutes for lunch and breaks. Three teller windows are open on Friday. A work-study analysis that the breakdown of the transaction mix is 40 percent deposits, 45 percent withdrawals, and 15 percent transfer between accounts. A different form is used for each type of transaction, so there is one deposit slip per deposit, one withdrawal slip per withdrawal, and two transfer slips per transfer. How many transfer slips are needed on Friday?

Reference no: EM13235833

Questions Cloud

Compute the initial percent dissociation of the acidsample : You found that pH=pKa=4.2 when 12.50 mL of NaOH hadbeen added. The concentration of the sodium hydroxide was 0.500M. Calculate the initial percent dissociation of the acidsample.
Earned value problems : During a project, Earned Value Analysis is performed and gives the numbers -  Earned Value Analysis information for a recently closed out project - the project manager to a project which had a one-time cost variance in the past caused by unexpected r..
What price would elasticity take to fill all the seats : assuming elasticity is linear and a plan flight holds 310 seats a load factor of 70 mean 70% of the seats are filled. a load factor of 72 means 72% of the seats are filled. what price would it take to fill all the seats.
State noreaction if no insoluble salt forms : Write the net ionic equation to show the formation of a precipitate (insoluble salt) when the following solutions are mixed. Write noreaction if no insoluble salt forms CaCl2(aq)+Mg3(PO4)2(aq)
Determine how many transfer slips are needed on friday : Each bank teller workstation is forecasted to process 400 transactions (the end-item) on Friday. The bank is open from 9:00 am to 7:00 pm on Friday with 90 minutes for lunch and breaks. Three teller windows are open on Friday
Why is innovative management important : Why is innovative management important and how have Walmart's leaders demonstrated innovation throughout the company's history?
What level strategy is adopted with back orders or stockouts : The forecasted demand for fudge for the next four months is 140, 160, 90, and 70 pounds. What is the recommended production rate if the level strategy is adopted with no back orders or stockouts
What was it capacity utilization rate for the month : In the month of July, the company operated the production line for a total of 175 hours and produced 16,900 units of output. What was it's capacity utilization rate for the month?
State the net ionic equation to show the formation : Write the net ionic equation to show the formation of a precipitate (insoluble salt) when the following solutions are mixed. Write noreaction if no insoluble salt forms KCl(aq)+Pb(NO3)2(aq)

Reviews

Write a Review

Econometrics Questions & Answers

  Calculate real gdp for this economy in 2003

Nominal GDP uses current prices as a measure of the value of goods and services produced, while real GDP uses prices of goods and services in a base year to measure value. Suppose an economy consists of three goods: pizza, sodas, and televisions.

  What is number of hours terry would like to have for leisure

Terry utility function over leisure (i) and other goods (y) is U(y,1)+y+1*y. the associated marginal utilities are M Uy=1 +1 and M U1=y. he purchases other goods at price of $1, out of the income he earns from working.

  Discuss how to write the demand curve

In Bayonne, NJ there is a large beauty salon and a number of smaller ones.The total demand function for hair styling per day is Q=180 - 10P, where P is in dollars The marginal cost function of all the small salons together is SMCf = 4+ 0.1Q

  What is the socially optimum level of practice for the band

Gina was in a garage band when she was in high school, and the only time they could find to practice was on Saturday morning (much to the dismay of her neighbors.) Suppose the band received $49 in internal benefit (i.e., happiness) from practicing..

  Compute the after-tax real interest rate for the investment

Liz Taylor bought some farming lands for $100,000 five years ago. She sold the property this year for $500,000. If the annual inflation rate for the past 5 years has been at 6%, compute the after-tax real interest rate for this investment.

  Determine whether it is better to rent or own

You currently pay $10,000 per year in a rent to a landlord for a $100,000 house, which you are considering purchasing. you can wualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for your own downpayment, you w..

  Why is the stackelberg equilibrium not chosen

selects its own output q2. Output is homogeneous across firms and satisfies the industry inverse demand function P = 200 - q1 - q2. Both firms have zero fixed costs and total costs of Ci(qi) = 60qi. Compute the Cournot-Nash equilibrium outputs and ..

  Find who experiences a decrease in consumer surplus

Alex is willing to pay $10, and Bella is willing to pay $8, for 1 pound of ribeye steak. When the price of ribeye steak increases from $9 to $11, Answer Alex experiences a decrease in consumer surplus, but Bella does not.

  What is the difference in total interest accumulated

A lump-sum loan of $5,000 is needed by Chandra to pay for college expenses. She has obtained small consumer loans with 12% interest per year in the past to help pay for college. But her father has advised Chandra to apply for a PLUS student loan c..

  What are the positive economic profits

A potential entrepreneur is trying to decide whether to open a new health spa. She presently makes $35,000 per year as an aerobics instructor and will have to give up this job if she opens the new health spa. If she chooses to open the spa, it wil..

  What are the chances that the license will be issued

Sigma Petroleum, has an option to purchase 1 million barrels of crude oil for $50/barrel. You estimate that you will be able to realize $80/barrel after importing and processing the crude oil from an offshore field through FPSO.

  What are profits associated with the option

Customers to Live Theaters, Inc. can be divided into two groups: seniors and everyone else. The inverse demand curves for each of the two groups are given below. The marginal cost (which equals the average variable cost) of serving an additional p..

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