Checking accounts at a local bank carry an average balance of $ 3,000. The bank turns over

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Checking accounts at a local bank carry an average balance of $ 3,000. The bank turns over its balance 6 times a year. On average, how many dollars flow through the bank each month?

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Managing Business Process Flows Principles of Operations Management

ISBN: 978-0136036371

3rd edition

Authors: Ravi Anupindi, Sunil Chopra, Sudhakar Deshmukh, Jan Van Mieg

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Question Posted: Nov 06, 2015 03:00 AM

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Checking accounts at a local bank carry an average balance of $ 3,000. The bank turns over

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Managing Business Process Flows Principles of Operations Management

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