What is the utilization rate

Assignment Help Financial Management

Reference no: EM131352367

Customers arrive at a bank at a rate of 50 per hour. The bank has 3 tellers and on average, it takes 2 minutes to service a customer. What is the utilization rate?

a. 0.5556

b. 0.4444

c. 0.6667

d. 0.7500

e. 0.8100

Reference no: EM131352367

Questions Cloud

Constraint on investment project payback requirements : Ferengi, Inc. is subject to an applicable corporate tax rate of 35 percent, and the weighted average cost of capital (WACC) of 12.5 percent. There is no specific time constraint on investment project payback requirements. What would be the NPV of Pla..

Using unit-level analysis-telephone cost structure : Homestead Telephone was formed in the 1940s to bring telephone services to remote areas of the U.S. Midwest. The early equipment was quite primitive by today’s standards. All calls were handled manually by operators, and all customers were on party l..

Two independent investment projects for galactic empire : There are two independent investment projects for the Galactic Empire. Project A (build TIE Fighters) costs the Empire $300,000 to set up, and it will provide annual cash inflows of $70,000 for 7 years. Project B (build Death Star) costs the Empire $..

Expected value of earnings per share after refinancing : Wealth and Health Company is financed entirely by common stock that is priced to offer a 15% expected return. The common stock price is $40/share. The earnings per share (EPS) is expected to be $6. If the company repurchases 25% of the common stock a..

What is the utilization rate : Customers arrive at a bank at a rate of 50 per hour. The bank has 3 tellers and on average, it takes 2 minutes to service a customer. What is the utilization rate?

Salespersn for supplier a quote to cincinati customer : Assume that a product sells for $100 per ton and that Pittsburg is the basing-point city for calculating transporation charges. Shipping from Pittsburg to a potential customer in Cincinati cost $10 per ton. What delivered price would a salespersn for..

About financial reporting alternatives : The following is true about financial reporting alternatives:

Compute the annual interest payments under each plan : Guardian Inc. is trying to develop an asset-financing plan. The firm has $350,000 in temporary current assets and $250,000 in permanent current assets. Guardian also has $450,000 in fixed assets. Assume a tax rate of 30 percent. The current interest ..

Avondale will pay liquidating dividend : You own 1,100 shares of stock in Avondale Corporation. You will receive a $2.60 per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $75 per share. The required return on Avondale stock is 20 percent. Suppose you ..

User Account

All Pages