What is the current maximum output at the bank

Assignment Help Operation Management
Reference no: EM131920431

Problem

The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks.

They are only concerned with the last hour of the day from 4:00 to 5:00 P.M. It takes 5 minutes per customer to be processed by the tellers. The average customer arrivals are shown in the table below.

TIME CUSTOMERS
ARRIVING
4:00 - 4:05 3
4:05 - 4:10 7
4:10 - 4:15 4
4:15 - 4:20 7
4:20 - 4:25 10
4:25 - 4:30 15
4:30 - 4:35 20
4:35 - 4:40 9
4:40 - 4:45 11
4:45 - 4:50 2
4:50 - 4:55 6
4:55 - 5:00 4
5:00 - 5:05 0





Total

98

The bank currently has 9 teller stations, and all are staffed during the Friday afternoon rush hour.

a. What is the current maximum output at the bank during rush hour?

Current maximum output customers per hour

b. Can the bank process all the customers by 5:00 P.M.?

(Click to select)YesNo, the bank (Click to select)cannotcan process all the customers by 5:00 P.M.

c.  What is the maximum waiting time for customers, and what time period does it occur in? (Round your answer to 2 decimal places.)

The maximum waiting time is minutes and it occurs from (Click to select)4:50-4:554:45-4:504:35-4:404:30-4:354:40-4:45.

Reference no: EM131920431

Questions Cloud

Prepare the journal entry to record montys payroll : Monty Corporation's weekly payroll of $34,000 included FICA taxes withheld of $2, 601, federal taxes. Prepare the journal entry to record Monty's payroll.
Describe the effects on the wedding plans of each incident : A call to Guatemala revealed that the potential bridesmaid had several commitments and could not possibly leave the country until April 10.
How would you assess company performance : Jones Company found the following results when analyzing its delivery performance. How would you assess Jones Company's performance in product availability?
What is the estimated net operating income for july : What is the estimated net operating income for July, if the company always uses an estimated predetermined plantwide overhead rate of $8 per direct labor-hour?
What is the current maximum output at the bank : The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks.
Discuss the intangible benefits : What do you think are the intangible benefits Eastern Star provides to customers? What is the role of operations management in providing these benefits?
Create all the entries that would be made relative to sales : Create all the entries that would be made relative to sales of soap powder and to the premium in both 2014 and 2015. Assume a FIFO inventory flow.
How communication policy will benefit both : overview of what you plan. Your job, in this assignment, is to prepare that overview in the form of a table of contents for the manual with a brief description
What is the estimated cost of raw material purchase for july : How many pounds of raw materials should be purchased in July? What is the estimated cost of raw materials purchases for July?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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