How much money should be put in the atm every time, Project Management

+44 141 628 6080
[email protected]

How much money should be put in the atm every time

Problem

Suppose an ATM of a community bank dispenses $100,000 per week. Restocking the ATM costs $500. The bank has amazing opportunities for investment, so the cost of holding $1 for a year in an ATM is $1. Assume the ATM only gets restocked when it's empty, the lead time to replenish it is negligible, and that a year has 50 weeks.

• How much money should be put in the ATM every time it's restocked?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Project Management: How much money should be put in the atm every time

Reference No:- TGS03258888

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Project Management

Q : How are impairments reflected on the financial statements

What is impairment? How are impairments reflected on the financial statements? How is this consistent with the conceptual framework?

Q : What is your thought on each of the three strategies

What is your thought on each of the 3 strategies above? Will it work or not? Explain in detail.

Q : What factors positively contributed to group performance

What factors positively contributed to group performance? What factors negatively contributed to group performance?

Q : What could participant have done to strengthen team identity

How strong was the team identity on this project and why? What could participants have done to strengthen team identity?

Q : How much money should be put in the atm every time

Suppose an ATM of community bank dispenses $100,000 per week. Restocking the ATM costs $500. How much money should be put in the ATM every time it's restocked?

Q : Calculate the stock index for the shares of top three banks

Calculate the stock index (unweighted) as of October 31, 2022 for the shares of top three banks in Puerto Rico, Popular Inc., First Bankcorp and OFG Bankcorp.

Q : What is the value of the rou asset on comfy homes

What is the value of the ROU asset on Comfy Home's 12/31/2022 balance sheet, after the first- and second-year payments have been made?

Q : Explain why it is important that the statements be completed

Explain why it is important that these statements be completed accurately and ethically and what the ramifications are if they are not.

Q : What would profit and loss statement for dental professional

What would the Profit and Loss Statement for Dental Professionals, PLC accepting this contract look like? Should DP accept the contract? Why or why not?

1946851

Questions
Asked

3,689

Active Tutors

1422664

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported