What Is the Implied Service Rate at a Bank Teller's

question 75

Multiple Choice

What is the implied service rate at a bank teller's window if demand is 26 customers per hour and the bank staffs are 3 tellers with an average utilization of 80%?

• A) Less than 5 customers per hour
• B) More than 5 but less than or equal to 10 customers per hour
• C) More than 10 but less than or equal to 15 customers per hour
• D) More than 15 but less than or equal to 20 customers per hour

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Definitions:

Appropriate Code

A specific set of rules or standards designed to guide behavior or actions in a particular context.

Items

Refers to individual products or services that a company sells or the individual entries that make up a list or collection.

Intangible Assets

Non-physical assets owned by a business, such as patents, trademarks, goodwill, and copyrights, that have economic value and can provide future benefits.

Amortized

The gradual reduction of a debt or the spreading of capital expenses over a period of time.