1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
matrenka [14]
3 years ago
10

The lock box department at Bank 21 handles the processing of monthly loan payments to the bank, monthly and quarterly premium pa

yments to a local insurance company, and bill payments for 85 of the bank's largest commercial customers. The payments are processed by machine operators, with one operator per machine. An operator can process one payment in 0.25 minute. Setup times are negligible in this situation. A capacity cushion of 20 percent is needed for the operation. The average monthly (not annual) volume of payments processed through the department currently is 400,000. However, it is expected to increase by 20 percent. The department operates eight hours per shift, two shifts per day, 260 days per year. How many machines (not operators) are needed to satisfy the new total processing volume? (Round up to the next whole integer.)
Business
2 answers:
Phantasy [73]3 years ago
4 0

Answer:

7.211538 ~ 8

Explanation:

1 machine operates 16 hrs per day, for 260 days

number of mins = 16*260*60

                           = 249600 mins

for 0.25 mins it can do 1 transaction

for 249600 ​ mins = 249600 / 0.25

                              = 998400

Cushion for 20% needed

so it can do 80% of 998400 = 0.8*998400

                                               = 798720

Per month transactions = 400000

Total year = 12*400000

                 = 4800000

Its expected to increase by 20%

Hence new number of trasactions = 1.2*4800000

                                                       = 5760000

Number of machines required = 5760000​/798720

                                                   = 7.211538 ~ 8

Andrew [12]3 years ago
3 0

Answer:

8

Explanation:

You might be interested in
Yuhyuhyuhyyuhyuhyyuhyuhyuyhyuhyuhyuh
Galina-37 [17]

yeahyeahyeahyeahyeahyeahyeah

6 0
3 years ago
How many years are required for an investment to double in value if it is appreciating at the rate of 9​% compounded​ continuous
Vesna [10]

Answer:

time required is 7.70 years

Explanation:

given data

interest rate = 9%

solution

we know with the compounded​ continuously rate r and time t amount is

A(t) = A(o) e^{rt}     .................1

and we have given amount is double so

A(t) = 2 A(o)

so from equation 1 put the value and we get here

2 A(o) = A(o) e^{rt}

ln(2) = 0.09 t

solve it we get time

time t = 7.70 years

so time required is 7.70 years

7 0
3 years ago
Lakshmi has had a checking account for over twenty years and has always gotten money from her bank by cashing checks. She would
goldenfox [79]
Lakshmi should get a debit card.
8 0
3 years ago
Read 2 more answers
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Archy [21]

Answer:

not included

consumption

consumption

government spending

consumption  

business spending

business spending

consumption and inventory  (consumption increases and business inventory reduces)

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. transfer payments

3 0
3 years ago
Question 3 The owner of a cemetery plans to offer a perpetual care service for grave sites. The owner estimates that it will cos
den301095 [7]

Answer:

$1,083

Explanation:

Given that,

Cost of providing perpetual care service for grave sites = $130 per year

Interest rate = 12 percent

Therefore, the one-time fee the owner should charge:

= Cost of providing perpetual care service for grave sites ÷ Interest rate

= $130 ÷ 0.12

= $1,083.33 or $1,083

Hence, the one-time fee should the owner charge for the perpetual care service is $1,083.

6 0
3 years ago
Other questions:
  • Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp
    10·1 answer
  • The following events occurred for Favata Company: Received $16,000 cash from owners and issued stock to them. Borrowed $13,000 c
    6·1 answer
  • The Chambers Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at
    11·1 answer
  • Thunder Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balanc
    11·1 answer
  • Why might one doubt that current forms of digital money, such as Bitcoin, will replace more traditional fiat currencies?
    5·1 answer
  • When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
    6·1 answer
  • What is 2 + 5<br> help<br> pls
    11·2 answers
  • A consumer must decide between purchasing a new cell phone or renting a new car. Why might determining the opportunity cost be u
    6·1 answer
  • PlastiPharm produces a foundational product that sits on a shelf until it is needed and added to another product. In reviewing t
    7·1 answer
  • Market failure describes a situation in which the market itself ________ in a way that balances social costs and benefits.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!