Question: Work Station(s) Teller Final status NA Final inventory (int. buff.) 0.00 Mean inventory (int. buff.) 0.00 Mean cycle time (int. buff.) 0.00 Work cycles started

Work Station(s) Teller Final status NA
Final inventory (int. buff.) 0.00
Mean inventory (int. buff.) 0.00
Mean cycle time (int. buff.) 0.00
Work cycles started 47.75
Fraction time working 0.95
Fraction time blocked 0.00
Buffer(s) Line Objects leaving 47.75
Final inventory 5.46
Minimum inventory 0.00
Maximum inventory 7.75
Mean inventory 4.18
Mean cycle time 10.44
Served Customer Objects leaving 0.00
Final inventory 46.76
Minimum inventory 0.00
Maximum inventory 46.76
Mean inventory 22.42
Mean cycle time Infinite
  1. What are some of the key data points from the models results that are beneficial to operations?
  2. If you were the manager at this bank and were presented the results from this model, what opportunities for improvement in efficiency or capacity can be identified from the results?
  3. How could the ongoing use of a simulation tool like the one in this exercise benefit the bank?
  4. Identify a business that where you have frequently observed inefficiencies or lack of capacity. What did you observe? How could that business benefit from a simulation tool like the one used in this exercise?

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