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 the managerial process, The Managerial Process text. Given the proj...

The Managerial Process text. Given the project network provided, compute the early, late, and slack times for the project. Share your calculations and explain how you came up with

Explain lean six sigma different than other performance, A key factor that...

A key factor that makes Lean Six Sigma different than other performance improvement models is that it free discusses costs and cost recovery with varying stakeholders.

Explain project manager make changes to a baseline, under what conditions w...

under what conditions would a project manager make changes to a baseline? Be sure to give at least 1 example for each condition

Manufacturing sector - operation strategy, Manufacturing Sector - Operation...

Manufacturing Sector - Operation Strategy 1. Manufacturing has become a global industry with worldwide markets and worldwide suppliers  2. Goods becoming commodity items -

Explain increased rigidity in organizational culture, According to the expe...

According to the experts, the 2020 organizations will possess one of the following characteristics: a. Heavily analytical approaches to problem-solving b. Increased rigidity in org

Assignment, Analyze the strategic role of operations management in terms of...

Analyze the strategic role of operations management in terms of organizational and operational objectives.

Explain which path is the critical path, Given the information below: 1....

Given the information below: 1. Construct a network using the AON (Activity on Network method) like we did in class. See problem 3.4 on page 90 and its answer in the Appendix on

Case study answer , After working for 30 years, Ramjee Somjee Dutt opted fo...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine

Least factors to a project manager when building a team, Compare and contra...

Compare and contrast attributes that are most and least important to a project manager when building a team. Provide a work or project example to support your answer. Back up your

Explain about leadership styles, Question: (a) Write short notes on any...

Question: (a) Write short notes on any five leadership theories and on any three main leadership styles. (b) Your friend has just been appointed team leader at his place o

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