Explain what is the average number of customers in the bank, Operation Management

Assignment Help:

From 11:00 AM to 12:00 Noon, 30 people arrive at a bank on average. When they enter they get in line to wait for a cashier. 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?


Related Discussions:- Explain what is the average number of customers in the bank

Explain successful personal selling philosophy, According to the Strategic/...

According to the Strategic/Consultative Selling Model, what are the three prescriptions for developing a successful personal selling philosophy?

Compute model by using the graphical linear pro- gramming, The Apex Televis...

The Apex Television Company has to decide on the number of 27" and 20" sets to be produced at one of its factories. Market research indicates that at most 40 of the 27" sets and 10

Discuss the factors affecting productivity increases, 1. Define productivit...

1. Define productivity both as a mathematical ratio and as a systems diagram?  2. Outline how the productivity of an organisation may be improved.  3. Discuss the factors aff

What is image management, After the occurrence of Hurricane Katrina, insura...

After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you thi

Explain when qb researchers look in dept, When qb researchers look in dept....

When qb researchers look in dept. at single situation/when research method are they using/1. Laboratory studies/2. Field studies/3. Case study/4 meta-analysis/ 5.survey studies/ wh

Explain collective bargaining process is seniority, One of the most importa...

One of the most important issues discussed in the collective bargaining process is seniority. It is one of those components of the workplace that seems to impact every worker, whet

How to construct an electricity generating unit, To construct an electricit...

To construct an electricity generating unit, a company has to install 60 items. One team takes on an average 30 days to install one item. A team works for 300 days/year and managem

I want to make-to-stock master production schedule, I need instructions for...

I need instructions for completing a make-to-stock master production schedule

Write Your Message!

Captcha
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