Rapidly growing city is outgrowing its facility

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Question

A bank in a rapidly growing city is outgrowing its facility. The bank officers feel that the operations (proof, transit, computer, bookkeeping) part of the bank should be moved. They are looking for an existing building to lease or buy or for a site on which to build an operations center. They feel that the current facility will handle a quarterly volume that averages 570,000 checks per quarter. The lead time to obtain a site and design and construct a new facility is at least 2 years.

Reference no: EM133678870

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