Explain what is the average number of customers in the bank, Operation Management

Assignment Help:

From 11:00 AM to 12:00 Noon, 30 people arrive at a bank on average. When they enter they get in line to wait for a cashier. On average there are 3 customers in line waiting. On average customers spend 4 minutes with the cashier. When the customers leave the cashier, 90% immediately exit the bank and 10% go to the loan officer, where there is an average of 1/2 person waiting to see the loan officer. On average customers spend 15 minutes with a loan officer. a. Draw the process flow diagram for this process in either word or Excel (label all activities and buffers) b. Calculate the inventory, throughput rate and process time for each activity and buffer. c. State the average time that a customer who only goes to see the cashier spends in the bank including their time waiting. d. What is the average number of customers in the bank?


Related Discussions:- Explain what is the average number of customers in the bank

Explain purpose of processing a digital crime, PDAs, iPods, iPhones, iPads,...

PDAs, iPods, iPhones, iPads, most cell phones, and other data devices are miniature computer systems designed to be highly mobile. Describe how such devices could alter the typical

Describe what makes google successful, Research Google and develop a 3 page...

Research Google and develop a 3 page paper by answering the following questions: Need cite and reference. 1) Briefly describe the organization 2) What makes Google successful

Explain traditional and horizontal organization structure, Identify the mai...

Identify the main types of traditional and horizontal organization structure. Using an organization of your choice as an example how is the structure of the organization a reflecti

Explain the effectiveness of southwest airlines, "Southwest Airlines" Pleas...

"Southwest Airlines" Please respond to the following: • Evaluate the effectiveness of Southwest Airlines execution of its low-cost / low-price / no-frills strategy to the busine

Explain management developer, Business knowledge competencies are particula...

Business knowledge competencies are particularly important for which human resource role? Answer A) management developer B) employee advocate C) strategic partner D) functional exp

Sequence problem, how to calculate idletime of each row

how to calculate idletime of each row

What are the main points of the new science of leadership, Based on the Lon...

Based on the London interview with Margaret Wheatley, "The New Science of Leadership," write 2 paragraphs describing Wheatley's theories and perspectives of leadership and organiza

Business management, Six Operators are to be assigned to five jobs with the...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given 10 marks in the matrix below. Determine the optimal assignment. Which operator will have no a

Evaluate the team''s performance, Question: CASE STUDY You have been...

Question: CASE STUDY You have been newly appointed as team leader of a Management department consisting of 5 team members. The team has not been performing well in the pa

Write Your Message!

Captcha
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