For which customer relationship group should a company make continuous relationship investments to delight, engage, retain, an
1 answer:
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Answer:
After 4 years the amount of money in the account will be $10,704.8
The interest earned is $1,204.8
Explanation:
To calculate future value on a certain amount (principal), with compound interest, the formula below is used:
FV = PV ×
where:
FV = Future value
PV = present value = principal = $9,500
r = interest rate in decimal = 3% = 0.03
n = compounding period per year = quarterly = 3 times per year
t = time in years = 4 years
∴ FV = 9,500 ×
FV = 9,500 ×
FV = $10,704.8 (to 1 decimal place)
interest earned = future value - Present value
= 10,704.8 - 9,500 = $1,204.8
Answer:
Check the explanation
Explanation:
Coaching
Implied utilization
Arrival of Elows = 70 per hour
Coaching time = 10 mins per Elow
Total Workload= 70*10 = 700 coaching mins
Available coaching hours = 11*60 = 660 mins
Implied utilization = Total demand / Available capacity
= 700/660
= 1.0606
Maximum flowrate = 660/10 = 66 Job seekers per hour ( or Elows per hour)
Actual flowrate = 66 Job seekers per hour (as this process is bottleneck)
Interview process
Total workload = 70*15+30*30
=1950 mins
Available capacity = 40*60 = 2400 mins
Implied Utilization = 1950/2400 = 0.8125
Expected interview time = (0.70*15+0.30*30)
Maximum flow rate = 2400/(0.70*15+0.30*30)
=123.0769 job seekers per hour
Actual flow rate:
Actual arrival rate of Elows (from Coaching process) =66 Elows per hour
So, Total arrivals =66+30 = 96
Since, this process has capacity more than demand
Actual flow rate = 96 job seekers per hour
kindle check the attached image below see the diagram explaming .
