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Elina [12.6K]
3 years ago
13

Western National Bank is considering opening a drive-through window for customer service. Management estimates that customers wi

ll arrive at the rate of 15 per hour. The teller who will staff the window can service customers at the rate of one every three minutes.
Part 1 Assuming Poisson arrivals and exponential service, find:

Utilization of the teller
Average number in line
Average number in system
Average waiting time in line
Average waiting time in system, including service
Also calculate the probability of not more than three cars making it through the queue and a 95% service level expectation. Determine the actual service level and what can be done to improve it.

Business
1 answer:
Nimfa-mama [501]3 years ago
6 0

Answer:

Explanation:

find the answer below

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Hamilton company’s 8 percent coupon rate, quarterly payment, $1,000 par value bond, which matures in 20 years, currently sells a
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The correct answer is the firm's component cost of debt for purposes of calculating the wacc is  7.32%. 
4 0
3 years ago
______ is a form of sales promotion in which sales personnel are incentivized to expend greater effort selling a specific produc
Stella [2.4K]

Answer:

Sales Incentives

Explanation:

Sales Incentives is a form of sales promotion in which sales personnel are incentivized to expend greater effort selling a specific product or brand. When salesperson is given some kind of incentives for selling a product or service, the amount or benefit paid to him other than his fixed salary is know as Sales incentive. It is paid basically to motivate him for selling the product, or keep him motivated for selling the larger amount of products.

By using the sales incentives company cant not only increase its sales but also can compete with other companies in retail format and overall. When the particular company's sales team will be more motivated by this technique then surely they will gather more traffic towards them and then converting that traffic into sales number.

3 0
3 years ago
Diaz Company owns a machine that cost $125,500 and has accumulated depreciation of $91,800. Prepare the entry to record the disp
natta225 [31]

Answer:

1.

Accumulated Depreciation     $91,800

Loss on Disposal                     $33,700

Machine Account                                   $125,500

2.

Cash                                         $35,000

Accumulated Depreciation     $91,800

Profit on Disposal                                    $1,300

Machine Account                                   $125,500

3.

Cash                                         $68,000

Accumulated Depreciation     $91,800

Profit on Disposal                                    $34,300

Machine Account                                   $125,500

4.

Cash                                         $80,000

Accumulated Depreciation     $91,800

Profit on Disposal                                    $46,300

Machine Account                                   $125,500

Explanation:

The situations were missing which were as follow:

1. The machine needed extensive repairs, and it was not worth repairing. Diaz disposed of the machine, receiving nothing in return.

2. Diaz sold the machine for $35,000 cash.

3. Diaz sold the machine for $68,000 cash.

4. Diaz sold the machine for $80,000 cash.

Journal Entries are made according to these.

6 0
3 years ago
When looking at plant layout, Ford most likely uses a ____ because automobiles undergo the same operations in the same order.
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When looking at plant layout, Ford most likely uses product layout because automobiles undergo the same operations in the same order.
6 0
3 years ago
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The _____ is an agency of the federal government that offers both managerial and financial assistance to small businesses.
Reil [10]

Answer:

D. Small Business Administration.

Explanation:

The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.

<em>Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America. </em>

5 0
3 years ago
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