A. You are making all projections in December for subsequent years ending Decemb

ID: 460205 • Letter: A

Question

A. You are making all projections in December for subsequent years ending December 21.

B. With regard to old branches, assume

1. The 50 old branches employ 4 supervisors and 10 clerical personnel/tellers each.

2. On December 31 (one year hence) 30 teller machines are placed in operation and replace 30 tellers.

3. The bank does not terminate and employees becasue of the new teller machines. Rather, as tellers quit throughout the year, 30 are not replaced.

4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors.

D. With regard to the main office, assume that turnover will be 10 percent per year.

December 21.

B. With regard to old branches, assume

1. The 50 old branches employ 4 supervisors and 10 clerical personnel/tellers each.

2. On December 31 (one year hence) 30 teller machines are placed in operation and replace 30 tellers.

3. The bank does not terminate and employees becasue of the new teller machines. Rather, as tellers quit throughout the year, 30 are not replaced.

4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors.

D. With regard to the main office, assume that turnover will be 10 percent per year

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