Ask Question
19 December, 23:44

On average, 30 customers come to the bank per hour while 1/3 of the customers simply leave directly when they see the the long line (average of 10 people in line). Assume no customer that enters the line leaves without service. What is the turnover ratio (per hour) ?

+1
Answers (1)
  1. 20 December, 00:34
    0
    2 per hour

    Explanation:

    Given : No of customers = 30

    1/3rd leave seeing long queue

    Number of customers going to line irrespective of waiting time for service

    = 2/3rd =

    2/3*30 = 20 customers

    As Average number of people on line are 10 always, The turnover ratio will be same as number of customer going to line for service.

    R = 30*2/3 = 20 I = 10 Turns = R/I = 2 Correct answer: 2 per hour
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On average, 30 customers come to the bank per hour while 1/3 of the customers simply leave directly when they see the the long line ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers