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

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Definitions:

Lump-Sum Amounts

Single payments made for a group of items or services rather than individual transactions.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent and salaries.

Variable Costs

Expenses that fluctuate directly with changes in production or service levels.

Service Department Costs

Expenses incurred by departments that do not directly produce goods but provide essential support services within a company.