Identify Whether the Following Measures Are Labor or Capital Saving $5 \mathrm { can }$

question 121

Essay

Identify whether the following measures are labor or capital saving.
(A) A boukstare installs a system whereby customers can $5 \mathrm { can }$ their bouk purchases and pay by credit card. An emplayee by the doar verifies that custamers have paid far their bouks.
(B) An accounting agency does 5ame restructuring which means thathalf of its wark force can wark aut of their homes.
(C) A firm that used to aperate two production facilities cansolidates the wa aperations by ruming the prachuction facility 24 hours a day instead of 12 .

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Definitions:

Exponential Service

A distribution model describing the time between events in a Poisson process, often used in queuing theory to model times between services.

Poisson Arrival

Describes a process where events occur randomly and independently of one another at a constant average rate, often used in queueing theory.

Waiting Line System

A methodical process used to manage the queue of entities waiting to receive services, optimizing both service and waiting times.

Available Teller

Refers to a bank employee who is present and able to assist customers with transactions and inquiries.