Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
First Local bank would like to improve customer service at its drive in facility by reducing waiting and transaction times. One the basis of a pilot study, the banks process manager estimates the average rate of customer arrivals at 30 per hour. All arriving cars line up in single file and are served at 1 of 4 windows on a first come fist served basis. Each teller currently requires an average of 6 minutes to complete a transaction. The bank is considering the possibility of leasing high speed information retrieval and communication equipment that would cost $30 per hour. The new equipment would however serve the entire facility and reduce each tellers transaction processing time to an average of 4 minutes per customer. Assume that interarrival and activity times are exponentially distributed.
If our manager estimates the cost of a customers waiting time in queue in terms of future business lost to the competition to be $20 per customer per hour can she justify leasing the new equipment on an economic basis?
Although the waiting cost figure of $20 per customer per hour appears questionable, a casual study of the competition indicates that a customer should be in and out of a drive in facility within an average of 8 minutes including waiting time. If first local wants to meet this standard should it lease the new high speed equipment?
How does the new duration compare with the estimated completion date generated from Part 1? What does this tell you about the impact resources can have on a schedule?
Determine the latest current yield and promised yield for each. (for the promised yield use annual compounding). In addition, find the duration and modified duration for each bond.
Describe the ethical considerations that will factor into your discussion with coworkers and the CEO of whether to utilize the executive recruiter's services. Describe the ethical guidelines you will provide to the executive recruiter if your organ..
Can the project manager effectively evaluate the functional employee on technical performance?
Why are accurate estimates critical to effective project management? Please explain in detail.
How is knowledge of the SDLC useful in IT project management?
There is a variable operating cost that is 60% of sales and the company's marginal tax rate is 35%. Determine the net operating cash flow for Years 1, 2, and 3.
Calculate the annual holding cost rate for FFF?
In what situations should the PERT estimation technique be used?
Separate tasks into sub-tasks, and a work package with stated durations and order of precedence. Manage project scope throughout the project life cycle.
Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?
If Etsitty requires a 14% return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd