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On average there are 3 customers in line waiting. On average customers spend 4 minutes with the cashier. When the customers leave the cashier, 90% immediately exit the bank and 10% go to the loan officer, where there is an average of 1/2 person waiting to see the loan officer. On average customers spend 15 minutes with a loan officer. a. Draw the process flow diagram for this process in either word or Excel (label all activities and buffers) b. Calculate the inventory, throughput rate and process time for each activity and buffer. c. State the average time that a customer who only goes to see the cashier spends in the bank including their time waiting. d. What is the average number of customers in the bank?
while making a telephone request for an interview if you sense that it is not a good time to talk with the person whom you have called, you should, which communication form or feature has the most effect during your interview
Identify three (3) different strategic controls that a company should implement, and describe how each control will help the company stay on track with the implementation of its overall strategy.
A fast-food restaurant buys hamburger buns from a national bakery supplier. The daily usage of buns at the restaurant is normally distributed with an average of 160 and standard deviation
A new six-speed automatic transmission for automobiles offers an estimated 4% improvement in fuel economy compared to traditional four speed transmission car averages 30 miles per gallon
Describe the various roles people play in the success of organizational information systems deployment.
A company produces six products in the following fashion. Each unit of raw material purchased yields four units of product 1, two units of product 2,
Cases not sold during the day are sold to a food processing plant for $1 each, but cases can only be produced in the morning before the store opens. If you wish to maximize expected profit, how many cases should be produced each day?
Do not take age into account when making employment decisions. Understand the purpose of the Age Discrimination in Employment Act.
Discuss how the following technique/tool can enhance operations and supply chain performance?
Then determine the cost to the bank (in lost interest) for each hour that a check spends waiting for and undergoing processing. Assuming that interarrival times and service times are exponential, which machine should the bank rent?
Illustrate what pieces of information should these systems collect to help management make merchandising decisions that support this strategy.
Using the exponential smoothing method of forecasting, calculate next month's approximate sales forecast, assuming that this month's forecast and actual numbers are $50.74Million and $54Million respectively. (Hint: Assume 1-? = 70% or 0.7).
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