Project operations management question

Assignment Help Project Management

Reference no: EM1343374

Project Operations Management Question

Wachovia operates a network of automated teller machines (ATMs). On average a customer withdrawals $80 of cash each time. The bank estimates that the fixed cost of filling an ATM with cash is about $100 regardless of the amount of cash put in. Each month on average 600 customers use the ATM to withdrawal cash. How much cash should the bank keep at an ATM if its annual cost of money is 10%? How often should the bank replenish an ATM?

Reference no: EM1343374

Questions Cloud

Important for successfully completing a project : The project management structure or the culture of the organization - Important for successfully completing a project

How might goals be measured for feasibility : Does the system offer adequate controls to protect against fraud and embezzlement and to guarantee the accuracy and security of data and information?

Project selection - annual earnings approximate cash flows : Suppose only one project can be chosen and the annual earnings approximate cash flows excluding finance charges, which project should be chosen?

Question about financial systems : Explain what are the economic functions financial intermediaries perform and what is the role of broker in the financial market

Project operations management question : How much cash should the bank keep at an ATM if its annual cost of money is 10% and how often should the bank replenish an ATM

Project management - managing risks : Project Management - Find some items that might go wrong during this type of project

Macro and micro project risk management : Macro and Micro project risk management - describe the difference between Macro and Micro risk management.

Equipment on an economic basis : 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?

Who should create breakdown : Small project: Who should create breakdown - Who should create the work breakdown structure for the team and describe

User Account

All Pages