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Use the information below to answer the following question(s) .
A bank is opening a new location in a business district.They have to determine how many teller windows to have open during the busy lunchtime hour.The demand during this hour is forecast to be normally distributed with a mean of 23 customers and a standard deviation of 10 customers.The average business revenue generated from each customer is $25 and each customer takes an average of 5 minutes to be served.Tellers are paid an hourly wage of $20.
-What is the optimal number of customers the bank should aim to serve during the lunch hour?
Article 3 Negotiability
The section of the Uniform Commercial Code that governs the negotiation and enforcement of negotiable instruments, such as checks or promissory notes.
Payable
Referring to money that is owed by one party to another and should be paid according to terms specified in a contract or agreement.
Definite Time
A specific and set period or moment that is clearly defined or determined.
Negotiable Instruments
Financial documents, such as checks or promissory notes, that guarantee the payment of a specific amount of money either on demand or at a set time.
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