Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Bank manager Art Hill wants to determine the percent of time that tellers are working and idle. He decides to use work sampling, and his initial estimate is that the tellers are idle 15 % of the time. (Round all intermediate calculations to at least two decimal places before proceeding with further calculations.)

The number of observations that need to be taken by Hill to be 90.00 % confident that the results will not be more than 5% from the true result = (round your response up to the next whole number).

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92476286

Have any Question?


Related Questions in Operation Management

1 find me an example of the three different specific types

1. Find me an example of the three different, specific types of objectives. Industry Bottom Line Company/Organization Specific Be creative - it can be one company for all three objectives or three different companies (na ...

1 every business fits into one or more supply chains and

1) Every business fits into one or more supply chains and has a role to play in each of them ? TRUE OR FALSE 2) The goal of supply chain management is to increase sales of goods to customers while at the same time increa ...

Hau lee furniture inc spemds 45 of its sales dollars in the

Hau Lee Furniture Inc spemds 45% of its sales dollars in the supply chain and finds its current profit of $49,000 inadequate. The bank is insisting on an improved profit picture prior of a loan for some new equipment. ha ...

David diana and lydia are the sole partners and workers in

David, Diana and Lydia are the sole partners and workers in a company that produces fine clocks. David and Diana are each available to work a maximum of 40 hours per week at the company, while Lydia is available to work ...

Discussionthe course scenario stated the following relative

Discussion The course scenario stated the following relative to this assignment: As happens on occasion, there were some factors that had an effect on company profits, but the Chief Executive Officer (CEO), Jared Smith, ...

What are some examples of age discrimination under the age

What are some examples of age discrimination under the Age Discrimination Employment Act? Discuss when age can be a bona fide occupational qualification (BFOQ). As the head of Human Resources, what recommendations would ...

Two parties claim the same goods in the following

Two parties claim the same goods in the following situations. Discuss who is most likely to prevail in each case and explain why. Richard steals Juan’s new mountain bike set and sells it to Travis, an innocent purchaser, ...

Company citigroupcompany analysis1 full company name home

Company: Citigroup Company analysis: 1) Full company name; home office (city, state, country); name of CEO and name of President or indicate if same; stock symbol; stock exchange where stock is traded; closing stock pric ...

1 what do you believe are additional reasons to support the

1. What do you believe are additional reasons to support the statistic that 70% of the family businesses fail or are sold before the second generation ownership gets a chance to succeed? Discuss why next-generation famil ...

From the perspective of being an operational manager for

From the perspective of being an Operational Manager for Office Administration Investigating Trading Platforms, describe your business structure. a) Suggest ONE contributing factor that may make this the preferred struct ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As