A bank manager is concerned with the amount of time it takes customers to complete their banking business during the
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Question:
A bank manager is concerned with the amount of time it takes customers to complete their banking business during the afternoons, when two tellers are normally on duty. The manager has periodically counted the number of customers in the waiting line and the number of customers being served at the counter over a typical afternoon. The counts are given in the following table. The manager has also counted the total number of customers arriving and has calculated that, on average, 15 customers arrive per hour.
Observation | In Waiting | At Counter | Observation | In Waiting | At Counter |
1 | 4 | 2 | 6 | 0 | 1 |
2 | 1 | 2 | 7 | 4 | 2 |
3 | 3 | 2 | 8 | 1 | 2 |
4 | 2 | 2 | 9 | 2 | 2 |
5 | 3 | 2 | 10 | 5 | 2 |
- Task
- Estimate the average time a customer spends waiting in line.
- Estimate the average time customers must spend in the bank to complete their banking business.
- Which of these throughput times do you think the bank manager will be most interested in?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes.
* Average response time.
Question Details
Chapter #
29
Section: Cases
Problem: 2
Posted Date: August 25, 2023 05:53:03