Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Neve Commercial Bank is the only bank in the town of? York, Pennsylvania. On a typical? Friday, an average of 8 customers per hour arrive at the bank to transact business. There is one teller at the? bank, and the average time required to transact business is 4 minutes. It is assumed that service times may be described by the negative exponential distribution. A single line would be? used, and the customer at the front of the line would go to the first available bank teller. If a single teller is? used: a) the average time in the line b) the average number in the line c) the average time in the system d) the average number in the system e) the probability that the bank is empty f) if a second teller is added, find the new answers to parts (a) to (e)

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92030242

Have any Question?


Related Questions in Operation Management

After reading consumer car guides and receiving advice from

After reading consumer car guides and receiving advice from family and friends, Aysha has chosen the new car she would like to purchase. She now wants to research her financing options to choose the best way to pay for t ...

Question in a 2-3 page paper discuss how a project manager

Question : In a 2-3 page paper, discuss how a project manager determines whether a project is successful or not. Make sure to discuss project elements such as: Budget, project milestones, Human Capital and customer satis ...

1 a work sampling study is needed that will estimate the

1. A work sampling study is needed that will estimate the percentage of time a postal clerk spends selling stamps as opposed to other duties. The proportion is assumed to be p=15 percent. Determine the necessary sample s ...

Your assignment is to observe and understand the social

Your assignment is to observe and understand the social dynamics of jaywalking—defined narrowly for our purposes as "pedestrians crossing the street against the light at intersections." You are to make three separate obs ...

Imagine that this internship position is your long-term

Imagine that this internship position is your long-term place of employment. How would the organizations add policies to ensure that they kept good and talented workforce? How important is job security if you learned tha ...

1 artificial intelligence and decision support systems are

1. Artificial intelligence and decision support systems are examples of a class of systems known as knowledge management. However, it is said that knowledge management is a business process, not a technology. Do you agre ...

Rambotix company has two divisions the semiconductor

Rambotix Company has two divisions, the Semiconductor Division and the X-ray Division. The X-ray Division may purchase semiconductors from the Semiconductor Division or from outside suppliers. The Semiconductor Division ...

1 which philosophy would be the most likely to emphasize

1. Which philosophy would be the most likely to emphasize that there are different ethics in different cultures? A) Universalism B) Pragmatism C) Relativism D) Egoism E) Utilitarianism 2. YouChuse is on online business t ...

A what is nutrimentrsquos competitive business strategy

A. What is Nutriment’s competitive business strategy (refer to a previous chapter on strategic planning)? Justify your answer. Explain how this strategy impacts the price of Nutriments products and how that impacts compe ...

You took one job over another mostly because the salary is

You took one job over another mostly because the salary is higher but also because it's in your hometown. You have twin sisters in middle school and want to be close by; your parents are in the process of divorcing. Writ ...

  • 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