Scenario E.1 SimQuick Is Being Used to Simulate the Following Bank Process

question 10

Multiple Choice

Scenario E.1
SimQuick is being used to simulate the following bank process:

Customer arrivals at the Entrance Door of the bank with an average time between arrivals of 2.5 minutes. The Line Buffer holds 6 customers. If a customer arrives and the buffer line is filled, the customer leaves. The Work Station Teller's processing time per customer is normally distributed, with a mean of 3.0 minutes and a standard deviation of 0.5 minutes. The Served Customer Buffer in the flow chart is used to count the number of customers processed during the period simulated. A 2-hour period was simulated.
The SimQuick simulation is run, and the results are as follows:

-Use the information in Scenario E.1. On average, approximately how many customers were waiting in line during the 2-hour simulation period?

• A) 5
• B) 4
• C) 3
• D) 2

Learn about the enforceability of contracts under the UCC when actions imply acceptance.

Identify the differences between auctions with and without reserve in terms of offer and acceptance.

Recognize the role of specificity and clarity in the formation and enforceability of contracts.

Understand the basics of contract formation including offer, acceptance, and consideration.

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Definitions:

Enantiotopic

Refers to two groups or atoms in a molecule that are mirror images of each other but are not superimposable, commonly used in stereochemistry.

Internal Reference

A benchmark or standard within an experiment or measurement against which other data or results are compared or calibrated.

Deshielded Proton

A proton in an NMR spectrum that appears at lower field due to its electron cloud being less shielded from external magnetic fields, often indicating an electron-withdrawing group nearby.

Farthest Downfield

In NMR spectroscopy, refers to the signal appearing at the lowest field strength, typically associated with environments experiencing the greatest deshielding.