A Bank Is Building a New Branch in a Small

question 82

Multiple Choice

A bank is building a new branch in a small suburb,and one of the decisions it must make is how many teller windows it needs to serve its customers effectively and cost efficiently on an average day.This is an example of ________.

• A) production scheduling
• B) capacity planning
• C) site selection
• D) critical path analysis
• E) systemic risk reduction

---

Definitions:

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities.

Normative Statement

An assertion that expresses an opinion, value judgement, or what ought to be, rather than what is factual or descriptive.

Teachers

Professionals who help students to acquire knowledge, competence, or virtue in educational settings.

Factor Market

A marketplace where factors of production such as labor, capital, and natural resources are bought and sold.