subject
Business, 17.04.2020 23:15 mcburrs

The manager of a bank must determine how many tellers should work on Fridays. For every minute a customer stands in line, the manager believes that a delay cost of $0.5 is incurred. An average of 2 customers per minute arrive at the bank. On the average, it takes a teller 2 minutes to complete a customer’s transaction. It cost the bank $9 per hour to hire a teller. Interarrival times and service times are exponential. To minimize the sum of service costs and delay costs, how many tellers should the bank have working on Fridays?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?
Answers: 1
question
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
question
Business, 22.06.2019 03:00
If you were running a company, what are at least two things you could do to improve its productivity.
Answers: 1
question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
You know the right answer?
The manager of a bank must determine how many tellers should work on Fridays. For every minute a cus...
Questions
question
Mathematics, 01.08.2019 08:00
Questions on the website: 13722361